Philadelphia

Sep 30 — Oct 02

AGENDA

We are committed to adapting our educational programs to address breaking news and emerging trends. With that in mind, the agenda below is subject to change as the event approaches. Registered attendees will be notified by email if significant changes are made to the agenda.

Day 1: Monday, September 30

7:00 AM — 7:00 AM
7:30 AM — 9:30 AM

Commonwealth Breakfast

Attendees from the UK, Canada, Australia, Bermuda, and other former Commonwealth countries are invited for casual networking over breakfast as everyone adjusts to Pacific time. Click on the Events tab in the ribbon above for more information!

9:00 AM — 4:45 PM

Career Pathways Professional Development Program for Students & Young Professionals

Career Pathways for Students

The Career Pathways Program is a one-day event designed to link students with companies looking for the next generation of talent. The program offers students information about the industry, skills development - including tailored resume building - and access to networking events with some of the top employers in the space.

Free admission is offered to individuals studying in fields that the cyber insurance and cybersecurity industry need – risk management, finance, data analytics, actuarial science, computer science engineering and pre-law. Students and their participating faculty can also receive a free pass to attend the full 3-day event.


Career Pathways for Young Professionals

Across the cyber insurance and cybersecurity industry, companies are talking about the talent gap. Where will we find future talent when it comes to cyber insurance specialists? 

NetDiligence is prepared to be part of the talent gap solution by offering a dedicated one-day program for young insurance professionals. Geared towards individuals with one to four years of cyber insurance industry experience, the track offers advanced education and skills development, plus networking events. The program is free to all attendees, and participants can also receive a free pass for the full three-day NetDiligence Cyber Risk Summit.

Day 2: Tuesday, October 1

8:30 AM — 9:30 AM
9:30 AM — 10:20 AM

Breakout A: 2024 Claims & Losses Update

  1. An Overview of the Newly Released 2024 NetDiligence Cyber Claims Study
  2. Report from the Trenches
  3. Future Predictions

Breakout B: Five Cases Where AI Went Wrong

Westfield High School sextortion, Hong Kong funds transfer, Scarlett Johansson? Who knows what we will be talking about in October?! Join our panel as they discuss recent scenarios that highlight the new risks and exposures AI presents.

Breakout C: The Evolution & Innovation of Top Security Controls

  1. Innovations in Ransomware Prevention
  2. Improvements & Evolution of Top Controls: EDR, MFA, Back-Ups
  3. Refinements in Combatting Social Engineering
10:50 AM — 11:40 AM

Breakout A: State of the Market

Sustainability of the Market
Stability & Scope of the Coverage
Sustainable Pricing in the Cyber Market
Evolution of Risks
New Entrants and Facilities
Cyber War Exclusion

Breakout B: Litigation Update

New & Notable
Current Trends in Class Action Certifications & Settlements

Breakout C: Guiding Vendor Selection for the Policyholder

How Vendor Panels are Developed
Matching Vendors to Client's Cybersecurity Needs
Impact on Renewals
CISO Involvement
11:40 AM — 12:30 PM

Breakout A: State of the Market: Reinsurance

Aggregation & Accumulation Concerns
Portfolio Perspective & Cat Loading
Underwriting & Pricing for Third Party Exposures

Breakout B: Preparing the Client for the SEC Cybersecurity Incident Disclosure Regulations

Update on Current Actions: Is the SEC accomplishing what it set out to do?
Maturation of Our Understanding of Requirements: Defining Materiality
Breach Counsel & Security Lawyers: Relationship and Solutions
What to Expect After Notice is Filed
Management Liability Concerns: D&O

Breakout C: AI: A View From the Inside

Where we are, Where we are going
Safety & Reliability of AI Systems
AI Alignment
AI Risk Management Frameworks
12:30 PM — 1:45 PM
1:45 PM — 2:35 PM

Breakout A: Just How Long is the Cyber Tail?

Do end of year reports reflect full development of claims & incidents?
Large Loss Development 
Quantification of BI Losses
Regulatory & Legal Delays in Final Outcomes
Modeling Response

Breakout B: Silent Cyber Redux: Navigating Privacy Risk as AI Changes the Landscape

Internal Challenges to Identify and Mitigate Privacy Risk Exposures
Gaining a Clear Assessment of Risk
Working with the Policyholder to get Cyber Ready

Breakout C: Energy Sector & Operational Technology

Common Frameworks for Assessing & Mitigating OT Risk
Proactive Vendors to Mitigate Risk & Claims Costs
How OT Infrastructure is Secured
Complexities of Responding to OT Cybersecurity Incidents
2:35 PM — 3:25 PM

Breakout A: Supply Chain Risk

Interconnected Systems & Technology Dependency
Complexity of Mapping & Third Party Risks 
Risk Assessments and Underwriting Challenges
Regulatory Compliance
Subrogation & Recovery Opportunities
Evolving Third Party Risks & Broader Supply Chain Coverage 

Breakout B: TBA


Breakout C: The Difficult Insured: Striking a Balance

How Organizational Structure & Culture Impact Response to Crisis
Efficiency vs Effectiveness in Incident Response & Claims Handling
Meeting the Insured Expectations
Preserving the Reputation of Cyber as a Good & Responsive Product
3:25 PM — 3:55 PM
3:55 PM — 4:45 PM

Breakout A: Data Driven Underwriting

Sustainability of the Market Through Greater Underwriting Discipline
Partnering with AWS, Google, etc. to Obtain Inside-Out Data
Using Data to Determine Cyber Performance
Using Data to Determine Cyber Resilience
Outside In v Inside Out: Policyholder Privacy & Security Concerns

Breakout B: Better Outcomes for BEC Claim Resolution & Recovery

Evolving Liability: Federal & State Laws Concerning BEC
"Reasonable Duty of Care"
Contractual Obligations vs. UCC
Subrogation and Recovery of Funds
Litigation Strategies: Identifying the Strong Cases from the Weak

Breakout C: Ransomware Advisory Board Updates

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.

8:00 PM — 10:30 PM

Team Toby Trivia Night Sponsored by TransUnion

Community Trivia Night Benefitting the Toby Merrill Scholarship Program


Join us for an evening of fun and fundraising at Cyber Risk Summit Philadelphia!

Many in our community have played online trivia with TransUnion’s Nate Spurrier.

Now we are bringing this event live and on-site to Philadelphia!

Up to 40 teams will compete for great prizes!

Day 3: Wednesday, October 2

9:00 AM — 9:50 AM

Plenary: Cyber Business Income Loss Disputes

Identifying the Key Elements of Business Income Cyber Loss Claims
How Forensic Accounting Fits in with Business Loss Assessments
Best Practices for Carriers & Policy Holders
Dispute Resolution & Business Interruption Claims
Overlaps: Reputational Harm v Income Loss
9:50 AM — 10:20 AM
10:20 AM — 11:10 AM

Plenary: Ransomware: Attribution vs Criminal Actors

Tools to Determining Attribution to Nation States
Hallmarks of Criminal Activity
Current Trends & Predicted Future Activity of Nation State Actors
Leveraging Threat Intel to Support the Policyholder
Portfolio Risk
11:10 AM — 12:00 PM

Plenary: Navigating CyberCatastrophes: Understanding Systemic Risk & Enhancing Capacity

Access to Capital: Getting the Capacity We Need to Meet Projected Demand & Growth
Understanding Systemic Risks & Aggregation Potential of Cyber Events
Event Definitions
Cyber ILS & Other Initiatives to Support the Industry
12:00 PM — 12:00 PM

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