New Ways Leaders Can Assess Their Risk Appetite

In this conversation, Dan Elliott, principal cybersecurity risk advisor at Zurich, discusses new ways leaders can assess their risk appetite.

KEY TOPICS: 

• ·      how risk appetite effects your cyber security plans, 
• ·      explaining risk appetite in cyber security to leadership, 
• ·      how security planning involves risk appetite, 
• ·      new ways leaders can assess their risk appetite, 
• ·      how cyber insurance works, 
• ·      how cyber insurance is only one part of risk management, 
• ·      and risk management beyond cyber insurance.

 Chapters

• ·      00:00 Introduction and Role Explanation
• ·      03:26 Transferring Risk and Risk Appetite
• ·      06:01 The Complexity of Insurance and Risk Management
• ·      07:41 Insurance as One Part of Risk
• ·      08:10 The Impact of Breaches Beyond Insurance
• ·      09:48 Career Journey: From Coding to Law Enforcement
• ·      16:32 Concerns of Organizational Leaders
• ·      20:22 Breakdown in Communication between Technology Leadership and the Board
• ·      21:19 Explaining Risk Mitigation and Funding Needs
• ·      22:46 Constantly Evolving Security Programs
• ·      23:02 Challenges and Techniques in Fighting Breaches
• ·      24:07 The Complexity of Cybersecurity Breaches
• ·      25:13 The Priming Process and Research Involved in Breaches
• ·      26:07 Measuring and Quantifying Risk in Cybersecurity
• ·      27:03 Compliance vs. Cybersecurity
• ·      28:03 The Importance of Cyber Risk Quantification
• ·      29:11 The Role of Compliance and Security in the Financial Industry
• ·      30:02 Preparing for a Data Breach: Incident Response Planning
• ·      34:06 The Role of Law Enforcement in Incident Response
• ·      36:22 The Difference Between Compliance and Security
• ·      43:38 The Impact of Poor Preparation on Breach Response
• ·      44:34 Preparing for a Data Breach: Incident Response Plan

Send us a text

Grow without Interruption. Stop Breaches. Leverage Advances in Technology with NetGain. Contact NetGain today at 844-777-6278 or reach out online at www.NETGAINIT.com  
 

Have a Guest idea or Story for us to Cover? You can now text our Podcast Studio direct. Text direct (904) 867-4466

🎧 Subscribe now http://www.youtube.com/@cybercrimejunkiespodcast and never miss a video episode!

Follow Us:
🔗 Website: https://cybercrimejunkies.com
📱 X/Twitter: https://x.com/CybercrimeJunky
📸 Instagram: https://www.instagram.com/cybercrimejunkies/

Want to help us out? Leave us a 5-Star review on Apple Podcast Reviews.
Listen to Our Podcast:
🎙️ Apple Podcasts: https://podcasts.apple.com/us/podcast/cyber-crime-junkies/id1633932941
🎙️ Spotify: https://open.spotify.com/show/5y4U2v51gztlenr8TJ2LJs?si=537680ec262545b3
🎙️ Youtube (FKA Google) Podcasts: http://www.youtube.com/@cybercrimejunkiespodcast

Join the Conversation: 💬 Leave your comments and questions. TEXT THE LINK ABOVE . We'd love to hear your thoughts and suggestions for future episodes!