While most companies have a reasonable understanding of their cyber security exposure, recent claims experience indicates that most organisations do not have a clear understanding of what their economic loss exposure may be in the event of a cyber incident. Furthermore, consideration has not necessarily been given as to the extent to which a cyber policy will respond to these loss exposures. In this webinar, Baker Tilly will provide an overview of how the output of a cyber resilience programme can be used to model cyber economic loss exposures and the typical issues that arise when comparing these exposures to policy language.
By the end of the session, you will be able to:
- Understand via a case study the consequences of having an inadequate cyber limit.
- Realise how a cyber resilience programme can be used as the basis of economic loss analysis.
- Identify how cyber losses can be quantified and compared to policy language.
Speakers:
Ben Hobby, Principal, Baker Tilly
Bernard Regan, Principal, Baker Tilly