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Counting the Cost: Understanding the Financial Risk of Cybersecurity Breaches

Cybersecurity breaches stand as a relentless challenge for organizations worldwide, causing substantial financial repercussions. As cyber threats advance in complexity, the economic impact on businesses intensifies, affecting everything from upfront costs to sustained financial health.  A thorough investigation into the financial risks posed by cybersecurity breaches reveals the breadth of direct and indirect expenses that […]

Rewriting the Rules of Cyber Security Risks: Part II

Building Cyber Resilience requires a new approach to assessing, measuring, and managing risk. Traditional thinking from both the security and insurance sectors views risk management in binary silos that either stop an attack or fail to prevent loss. However, the truth is that cyber security risk is significantly more complex. Being resilient to cyber security […]

Fortifying Defenses: Effective Third-Party Risk Management in Cybersecurity

As cybercriminals continue to evolve their strategies and target vulnerabilities in digital systems, businesses face an increasing need for robust third-party risk management. The first half of 2023 has been no exception, memorialized as a period marked by significant shifts in cybercriminal strategies. Notably, these evolving tactics have aimed at an often-overlooked aspect of cybersecurity–the […]

Are You Board Ready? Five Takeaways from Our Panel at RSA

RSA is in the rearview mirror, but we’re still thinking about all the great things we learned by mingling with our peers. We were honored to host an engaged group of attendees as founder Raj Shah moderated a panel discussion entitled “Are you board ready.” Resilience advisor Richard Siersen, Stanley Black & Decker CISO Lucia […]

Navigating the New Frontier: How Underwriting Automation Is Transforming Risk Assessment

Underwriting automation is revolutionizing decision-making processes in the insurance industry. In Episode 7 of the Resilience podcast, experts Bryce Goodman and Chris Finan examine the ways artificial intelligence (AI) enhances risk management, with a specific focus on underwriting within the insurance industry. Goodman and Finan shed light on the significant impact of the underwriting automation […]

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