Episode 40

Stop Guessing About Cyber Liability, What Risks Executives NEED to Know About the Latest Changes

Data breaches are becoming more and more common, and they are costly—the average cost of a data breach is now $3.86 million. Regulations and compliance will only increase this cost. Businesses need to take steps to protect themselves, and one way to do this is by purchasing cyber liability insurance.

Join Hosts Sean Mahoney and Stanley Li and their guest Jake Charen, Senior Rick Architect of Lakeside Insurance to learn:

  • What is cyber liability insurance?
  • Why should executives consider having a cyber liability?  Is it worth the investment?
  • After the Travelers and ICS suit, what is the trend in the insurance industry regarding coverage?
  • How you can reduce your risk of a data breach without cyber liability insurance?

www.netswitch.net

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About the Podcast

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Cybersecurity Chronicles
News, views and stories from the cyber front line.

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About your hosts

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Stanley Li

➤WHO I HELP & WHAT I DO: I help organizations with <1000 users to manage the cyber risk to meet compliance & regulatory requirements in IT & Cybersecurity. SecurIA®- the proprietary Managed Detection & Response platform I developed for Netswitch & Securli, has proven to reduce cost, risk, & time for our clients.

➤MY STORY: For the past 20 years I’ve dedicated my life to building Netswitch in order to protect and secure our clients’ data & critical infrastructure from the ever-increasing threat of cyber-attacks.
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Sean Mahoney

What I Do: I help business leaders achieve cyber-risk compliance and enable business continuity without breaking their budget.

I deliver productive ways of leveraging technology to meet business requirements and drive cost savings. Integrating automated and machine learning systems into operations to improve efficiency utilizing data analytics for improving business visibility allowing for faster reactions to market dynamics. Experienced in translating the technical to non-technical audiences.