AGENDA

Artificial Intelligence is revolutionizing the business landscape by enabling smarter decision-making, automating complex processes, and personalizing customer experiences. This transformative technology is not just changing how businesses operate; it’s redefining what is possible. Ankura’s AI Platform brings your company the power of Intelligent Transformation through a secure, private, efficient, custom LLM specifically trained with your company’s data to drive operational efficiencies, productivity, and innovation.

This session explores the pivotal role of identity security in strengthening cyber resilience. We begin by defining resilience in the context of cybersecurity and data protection, emphasizing the growing threats organizations face. We'll dive into the evolving concept of digital identity—how it’s created, managed, and protected in today’s connected world—and highlight why identity is central to an organization’s resilience strategy.

Holistic cyber insurance solutions encompass a comprehensive approach to managing cyber risks. These solutions integrate various services and strategies to protect against, prepare for, and respond to cyber incidents. The goal is to enhance overall cyber resilience by addressing both pre- and post-breach scenarios.

Data mining is a breach response practice with a unique set of challenges. It requires speed to meet regulatory timelines, and accuracy to inform and support affected contacts—missteps can be costly, both in fines and for careers. In this session will detail how the latest AI-driven solutions are transforming data mining practices and the careers of cyber risk professionals.

Discover how to eliminate single points of failure (SPOF) and mitigate business impact and third- and fourth-party risks. This session will discuss how to ensure critical applications are secure and available, at a lower cost compared to traditional disaster recovery and high availability systems.

Deploying a network sensor at the beginning of the engagement will allow the analyst to have the comprehensive visibility to respond faster and shorten the investigation. Valuable, actionable and holistic telemetry can be collected before an endpoint sensor can be deployed in mass. Network telemetry provides real-time and historical insights that support a faster, more accurate, and more comprehensive incident response process, enabling teams to proactively mitigate risks and respond effectively to incidents.

Join us for an exclusive behind-the-scenes tour of dark web marketplaces. Discover the inner workings of the cybercrime economy and see firsthand how hackers operate and profit from stolen data. In this session, you'll learn where cybercriminals buy and sell their skills, services, and stolen credentials, key indicators to watch for when assessing your vulnerabilities, and effective strategies to protect your business and clients from dark web threats.

This session will explore how Darkweb IQ’s exclusive intelligence and pre-emptive interception capabilities actively disrupt the ransomware supply chain. By infiltrating criminal networks, Darkweb IQ provides actionable insights that protect policyholders from cyber threats such as ransomware, data theft, and business email compromise (BEC). The session will focus on how these capabilities can be integrated into policyholders' existing processes to enhance resilience and security.

The 2024 Verizon Data Breach Investigations Report (DBIR) provides an in-depth analysis of the latest cybersecurity threats, trends, and breach patterns across various industries and regions. This session will dive into the findings, including the rise of ransomware and extortion techniques, the critical role of human error in breaches, and the alarming increase in vulnerability exploitation, driven by high-profile incidents like the MOVEit exploit. Attendees will gain insights into how these trends are reshaping the threat landscape and learn actionable strategies to mitigate risks.

Learn about the evolving ransomware landscape and attack vectors/methods. Come away from this session with current sector intelligence to help develop effective policy coverage strategies and tactical policyholder due-diligence requirements in order to make cost-effective, ransomware-specific cyber insurance products available to the policyholders.

Understanding current cyber claims trends can help guide the assessment of cyber risk of the potential policyholder. This session will examine claims and losses from cyber events. Data from the most recent NetDiligence Cyber Claims Study will be shared and discussed. Claims professionals will provide examples of incidents reported and claims processed.

As cyber threats evolve, the insurance market faces a rapidly shifting landscape filled with both challenges and opportunities. This State of the Market session will delve into critical trends, examining whether the availability of capacity is driving irrational market behavior, if there is alignment on the intended scope of coverage, and whether current underwriting approaches support long-term sustainability. We will also explore the impact of the soft market on underwriting discipline and discuss how the industry is adapting to a post-war exclusion world, where much of the market can no longer support type 4 and type 7 wordings. Join us for an engaging discussion on the future of cyber insurance and the steps needed to foster a resilient and sustainable market.

The costs of defending data privacy and cybersecurity class actions, including those related to website tracking technologies and traditional data breaches, are evolving. This change is influenced by factors such as the number of plaintiffs' attorneys filing suits, novel legal theories for recovery, and unpredictable controlling law due to a lack of case precedent. Settlement valuations for these actions have also shifted, driven by the nature and scope of the data impacted, the number of individuals affected, and the potential applicability of statutory damages.

Cyber insurance is at a crossroads, where innovation meets opportunity. This panel will dive into how policyholders perceive cyber as a product, explore ways to enhance customer satisfaction, and assess key elements like applications, coverage, claims processes, and the rise of embedded insurance. This panel will share actionable strategies for shaping a stronger, more customer-focused cyber insurance market.

When a cyber disruption strikes, the clock starts ticking to restore operations and minimize impact. This session will explore how to effectively balance security, privacy, and operational efficiency while fostering seamless collaboration between IT teams, incident responders, and claims professionals. Discover strategies to streamline processes, enhance stakeholder coordination, and get back to business faster. 

Are all cyber insurance markets created equal? This panel dives into regional differences, examining pricing disparities between U.S. and UK/EU insureds, the unique risks embraced by off-shore carriers, and whether the factors driving a “soft market” are universal. We’ll also explore the potential for one market to harden ahead of others and the challenges of creating a streamlined, consistent global cyber insurance product. 

In today’s data-driven world, unlocking the power of information is key to anticipating security issues and fostering collaboration between insurers and policyholders. This panel will delve into how effective communication, innovative technologies, and advancements like AI are reshaping risk mitigation strategies and discuss how to harness the potential of data to not only stay ahead of threats but also create more proactive, informed decision-making processes that drive better outcomes for all.

Cybersecurity threats don’t impact all industries equally—different sectors face unique challenges when it comes to business interruption losses. We've picked three diverse industry classes to discuss, compare and contrast. This panel will focus on how manufacturing grapples with supply chain disruptions and operational downtime; retail navigates consumer demand fluctuations; and healthcare deals with the inability to deliver both new and ongoing care.

AI is rewriting the playbook for social engineering, making attacks more sophisticated, personalized, and harder to detect. From deepfakes and adaptive learning to automation at scale, cybercriminals are leveraging cutting-edge technology to outsmart defenses. This session will showcase recent examples of AI-driven schemes and provide actionable strategies to mitigate these emerging threats.

Companies come and go, how do you become the company that sticks? What are the strategies for standing out in the competitive and ever-changing cyber industry? Our panel will discuss how to grow and maintain a strong business and brand, what partners look for in a vendor, and why they decide to give new vendors a chance, as well as common pitfalls and ineffective approaches to marketing in the cyber space.

Generative AI tools like Co-Pilot, Claude, ChatGPT, and Otter.ai are reshaping enterprise operations but also introduce significant risks related to data privacy, security, and compliance. This session will focus on how enterprises can safely implement these tools while addressing underwriting and incident response challenges. Special emphasis will be placed on privacy-centric information governance and data classification as foundational practices to mitigate risk. Attendees will gain actionable insights for navigating the intersection of innovation, risk management, and cyber insurance.

In this lively close to the day, our industry experts will field audience questions via the mobile app and from the conference floor.

How is the reinsurance landscape evolving and what are the implications for the cyber insurance market? Hear a comprehensive review of the recent renewal cycle, examining key factors such as loss cap ratios and shifts in market players; current views on aggregate risk, including non-breach privacy litigation and ransomware; and exploration of the impact these changes are having on second-tier carriers.

Dive into the complexities of managing business interruption (BI) losses within the cyber insurance tower in this insightful session. Panelists will explore the role of multi-factor authentication (MFA), including its definitions, functionality, and application across primary and excess layers. The discussion will also address strategies for managing BI from an excess perspective and tackle the frustrations and challenges often encountered in the claims process.

Here we will explore the complexities of cyber catastrophe (Cyber CAT) events and the role of vendor capacity in managing them. Key topics will include recent examples of single vulnerabilities with widespread impact, how to model and predict the scope of vendor support needed during a Cyber CAT event, and effective resource allocation across personnel, technology, and processes. Additionally, the panel will discuss the importance of collaboration between vendors and clients to tailor solutions and how understanding unique risk profiles can lead to more accurate and effective response plans.