#10 - Tom Spier: Cyber Insurance, the Infamous Sony Hack, & Data Protection
Episode description
This week’s milestone episode features a very special guest, Tom Spier. Tom’s a seasoned (re)insurance professional with over a decade of industry experience, boasting a deep knowledge in his specialism of cyber insurance. The guys discuss the challenges of cyber, infamous attacks (some of which Tom has personal experience with), pricing risk, and GDPR compliance.
CONNECT & SUPPORT:
Website: https://www.supercede.com
LinkedIn: https://www.linkedin.com/company/supercedehq
Twitter: https://twitter.com/SupercedeHQ
YouTube: https://www.youtube.com/channel/UCuzfykcesD0phGaCK7qB09Q
RSS Feed: https://anchor.fm/s/7e741c8c/podcast/rss
OUTLINE & TIMESTAMPS:
00:00 Intro
01:24 Tom’s Introduction to Cyber Insurance
03:04 Cyber as a New Line of Business
05:24 Quantifying Cyber Losses
07:08 Sony Hack: Hollywood Salaries
08:01 Frisk Risk: Movie Edition
12:00 Cyber Insurance & Overlapping Liability
19:48 Pricing Cyber Insurance Risk
22:53 Infamous Cyber Attacks
25:31 Gaps Between Actual Losses & Insured Losses
26:28 Pricing Innovation for Cyber Risk
28:51 GDPR & Data Protection
