Led by Drew Walter (Ascot), the NetDiligence panel “SME: Moving to a Proactive World” provided a concise picture of current market trends and a clear path forward. Panelists Lauren Tennant Pollock (AXA XL), Sam Kassoumeh (SecurityScorecard), and Rob Rosenzweig (Risk Strategies) convened at the Virtual Summer Summit on July 1, 2020 to summarize trends in…

The 2019 NetDiligence Claims Study shows that litigation defense, litigation settlements, regulatory defense, and regulatory fines make up a significant portion of claims allocation. Since both statutes, regulations, and judgements may be tied to the establishment of “reasonable” security, it behooves organizations to examine whether they have met this standard. Unfortunately, as the NetDiligence Virtual…

Ransomware Readiness and Response from NetDiligence on Vimeo. Ransomware remains one of the most widespread and damaging cyber attack methods. With more than 55% of small and medium-sized businesses forced to pay hackers in 2019, it’s with good reason that ransomware is the number one concern of many organizations around the world. Despite that ransomware…

What is the current environment in digital risk management? According to panelists at the NetDiligence Virtual Summer Summit, the two hot items are the COVID-19 pandemic and the rapid expansion of data privacy regulation. During the panel “Digital Risk Management: Lessons Learned in the Current Environment,” moderator Kara Owens (Markel) was joined by Andreas Kaltsounis…

At the close of NetDiligence’s “Building a Compliance Program Without Breaking the Bank,” panelist Steve Greenawalt (DFDR) recommended two immediate actions for organizations – enable two-factor identification and keep an eye on the big picture of the risk landscape. This zoom-in/zoom-out approach characterized the entire session, with moderator Josh Mooney (White & Williams) leading panelists…

On June 30, 2020, NetDiligence’s panel of experts took up the topic of Cyber War and Terror as part of the Virtual Summer Summit. Led by moderator Erica Davis (Guy Carpenter), panelists investigated the challenges of clarifying cyber policies to create uniform and fair exclusions in an environment where threat actor identities, intentions, and affiliations…

With most states recommending, if not mandating remote work when possible due to COVID-19, IT operations must emphasize secure practices and update policies for an ever-increasing transient workforce. Read this Q&A to learn how threats are evolving to target a remote workforce and how to prepare your users to face these threats.

A cyber security incident calls for a fix, and the quicker the better. But as a company deals with immediate issues in the wake of a breach, can it also grow a stronger, more secure system? At the NetDiligence Virtual Summer Summit on June 30, panelists Tim Francis (Travelers), Sean Curran (West Monroe), and Ron…

The Non-Affirmative Cyber panel, hosted on June 30, 2020 at NetDiligence’s Virtual Cyber Summit had one clear message: non-affirmative is on its way out, and insurers need to respond with solutions that clearly and explicitly cover cyber risk in ways that insureds can understand and depend on. Moderator Robert Parisi (Marsh) began with an outline…

NetDiligence’s Business Email Compromise and Wire Fraud panel might have listeners longing for a simpler day, when a spoofed email could coax a distracted employee into making a wire transfer to a fraudulent vendor or fake business associate. A financial loss, certainly, but nothing like the complexity of current scenarios. On July 1, 2020, panelists…