Paradigm Shift With Christina Martini

068 The Truth and the Myth of Managing Cybersecurity Risk: An Interview with Libby Benet – Part 1

Informações:

Synopsis

In this episode, Christina Martini and Libby discuss:  Libby’s journey as a lawyer in the insurance industry.  How Libby got into the insurance business and got involved in the cyberspace.  Recent threats in the cyberworld and how they have changed since 1999.  The evolution of data analytics and its use in the insurance industry.     Key Takeaways:  Different industries have different threat profiles depending on what the threat actor is interested in obtaining.  Underwriters can make the difference between looking at the data and the human intuition behind what the data is showing.  The current underwriting process is inadequate for understanding the cyber risk.  Business leaders are not technicians. They rely on their IT department to keep security up to date.     “Prior to data analytics, all applications looked the same. With predictive analytics, we actually get to see the nuances between your firm and another firm, which we couldn’t see before.” —  Libby Benet     About Li