Time | Session | ||
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8:00 am - 9:00 am | Breakfast & Registration | ||
9:00 am - 9:15 am | Opening Remarks from our 2015 Conference Chair
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9:15 am - 9:45 am | Keynote Address
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9:45 am - 10:00 am | What the Numbers Say: The Indicators of Cyber Risk What are the leading indicators of a data breach? What can they tell a company about its cybersecurity posture? This session will disclose the findings of a joint study by BitSight and Advisen which convincingly demonstrates that various factors are strongly correlated with the occurrence of a data breach, and that companies can take effective action to improve their cyber risk profile.
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10:00 am - 10:15 am | “…and the Survey says” sponsored by Zurich
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10:15 am - 10:45 am | Morning Break | ||
Track 1: Cyber Risk Management & Insurance David Bradford, President, Research & Editorial division, Advisen [Track 1 Chair] | Track 2: Developing Issues in Cyber Risk Chris Keegan, Senior Managing Director, Cyber & Technology, Beecher Carlson [Track 2 Chair] | Track 3: The Dark Side of the Web Alan Brill, Senior Managing Director, Kroll [Track 3 Chair] | |
10:45 am - 12:15 pm | 10:45am – 11:30am / The Risk Manager’s Perspective A panel of senior risk managers will discuss the challenges they face in identifying and addressing the cyber risk exposures of their organizations. Insurance solutions will be evaluated, and panelists will share their insights into how well the insurance market is addressing their cyber risk needs.
————————————– 11:30am – 12:15pm / The Real Cyber Claims Trends Does the reality of cyber loss experience match the topics discussed at most conferences? Much time is spent discussing data breach, but is that what is keeping underwriters up at night? This session will gather a panel of senior carriers to discuss where the actual claims are coming from – intellectual property theft, E&O, media liability, etc. Is the loss trend shifting? How is it affecting carrier pricing models and driving pricing and underwriting controls?
| 10:45am – 11:30am / Harnessing the Numbers Is it possible to quantify the threat of cyber risks to a business? This session will look at the factors that contribute to the cost of a breach and various initiatives to model cyber risk, including how to quantify and manage systemic risk and aggregations of exposures. Knowing what the loss looks like helps drive insurance pricing, cover and availability.
————————————– 11:30am – 12:15pm / Crypto-currencies In a recent Wall Street Journal poll 83 percent of those surveyed believe “there is a future for crypto-currencies such as bitcoin.” More than 500 crypto-currencies currently are on the market. This session will feature 2 speakers, each addressing distinct perspectives on crypto-currencies. One will demystify these platforms, describing how they work, what benefits they offer and what risks arise from using them. The second speaker will address the insurance industry’s response to crypto-currencies; asking are they insurable and if so, how?
| 10:45am – 11:30am / Who goes there?! Who are the actors behind some of the highest profile cyber incidents – external or insiders…Cyber terrorists, activists, criminals?…does it really matter? This session will explore the motives and the tactics that both differentiate and align nation states and criminal gangs in the murky underworld of hackers.
————————————– 11:30am – 12:15pm / Understanding the Dark Web What lurks beneath the surface of the web? This panel will take us on a journey beneath the Surface Web, through the Deep Web and into the murky depths of the Dark Web. What — and whose — data lies there? How is it valued and traded? What nefarious tools and services are bargained for there? What can a trip through the Dark Web tell legitimate businesses about their risks and how to most effectively respond to them?
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12:15 pm - 1:30 pm | Conference Luncheon | ||
Track 1: Cyber Risk Management & Insurance David Bradford, President, Research & Editorial division, Advisen [Track 1 Chair] | Track 2: Developing Issues Chris Keegan, Senior Managing Director, Cyber & Technology, Beecher Carlson [Track 2 Chair] | Track 3: The Dark Side of the Web Alan Brill, Senior Managing Director, Kroll [Track 3 Chair] | |
1:30 pm - 3:00 pm | 1:30pm – 2:15pm / The Underwriter’s Response to a Shifting Risk Landscape What will cyber insurance look like in the future? Will stand-alone Cyber Risk cover continue to make sense? This panel discussion will review recent underwriting developments and explain how this cover is evolving. For example, are policy wordings keeping up with the pace of change in exposures? How is the market responding to cyber operational risk and the growing threat of cyber BI and PD?
————————————— 2:15pm – 2:35pm / The Federal Government, Cyber Security and Insurance The federal government increasingly sees the insurance industry as a key stakeholder in the drive to build enterprise Cyber Security. The creation and launch of the NIST Framework in February 2014 has been widely applauded by the private sector but adoption is not mandatory. In the absence of Cyber Security legislation can Cyber Insurance fulfill a role as a financial incentive for businesses to build greater resilience?
————————————— 2:35pm – 3:00pm / What the Board Needs to Know Risk professionals are increasingly called in front of their Boards of Directors to explain their corporate preparedness and cyber crisis response plans. But often the Board doesn’t know what questions to ask – and therefore what answers can you give? This session will outline the crucial information that you should share with your Board on your cyber risk management plans.
| 1:30pm – 2:15pm / “Is Cyber Accurately Priced?” How is cyber priced in a changing market? Is it adequate? This session will draw perspectives from different carriers in the US primary, excess, London and Bermuda markets. The panel will outline how they price cyber risk and address the thorny issue of adequacy.
————————————— 2:15pm – 3:00pm / “Should The Property Market Be Covering Physical Damage from Cyber Attacks?” These two speakers will discuss whether a property policy should cover cyber losses. They will explore some of the grey areas in current policies, if/how BI and CBI losses are addressed and how to avoid gaps for cyber-related physical damage losses.
| 1:30pm – 3:00pm / Hack and Response An ethical hacker will execute an attack live, providing a view of a breach from the vantage point of the hacker. This will be followed by a panel of security and forensic experts, who will explain technical best practices in the aftermath of a breach, and discuss what might have been done to better defend against the attack. Panelists also will discuss the international legal implications of private sector organisations hacking-back, discussing the appropriateness of the response.
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3:00 pm - 3:30 pm | Afternoon Break | ||
3:30 pm - 4:15 pm | Cyber War Game The military does it, FBI does it – increasingly corporations are doing it… Cyber war games are becoming a crucial part of testing your company’s responsiveness and resilience in the face of a ‘live’ cyber event. Ahead of our conference, Advisen will host a cyber-incident simulation exercise that will see selected teams of experts – representing the various stakeholders in a real event – work through a mock cyber incident in real time. An observation team will critique the handling of the incident and report back some best practices and key takeaways for our conference audience in New York.
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4:15 pm - 5:00 pm | The View from the Top A rare opportunity to hear top insurance executives discuss their perspectives on the cyber insurance market, disclose the issues that most concern them, and explain how cyber business fits into their overall strategic vision.
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5:00 pm - 5:05 pm | Closing Remarks | ||
5:05 pm - 6:00 pm | Reception |
We consistently deliver an audience that is 25% or more comprised of Risk Managers & Insurance Buyers, Brokers (25%-30%), Insurance Companies (30%), Lawyers (10%), and other insurance professionals (5%).
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