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…

At the Systemic Risk and Aggregation panel, hosted by NetDiligence on June 30, 2020, moderator Richard DePiero (Sompo) laid out the problem: large loss scenarios – their likelihood, severity, and impact on portfolio – introduce a level of uncertainly that is unacceptable from a risk management control perspective. How then can aggregation for cyber risk…

Penetration testing often reveals enlightening truths about just how exposed companies are. Read this Q&A to learn the top red flags most frequently found through penetration testing and why this valuable exercise is critical to your business’ cybersecurity plan.

What Is Business Email Compromise? from NetDiligence on Vimeo. Over the past decade, organizations have increasingly shed their on-site email systems in favor of cloud-hosted services. This has brought a myriad of benefits, particularly improved access to information and communication tools as well as cost savings. Unfortunately, this transformation has also increased the risk of…