Cyber 101: A crash course on the intersection of cybersecurity

Cyber 101: A crash course on the intersection of cyber security, data protection and cyber insurance.

‘Cyber’, and its component parts of information security and data protection, are topics of increasing concern for the insurance industry.

A variety of bottlenecks are constricting market growth. Brokers are struggling to engage clients on the risk, and contending with the resultant PI & E&O exposures. Insurers are creating wildly differing products under the same title of "cyber", and contending with aggregation and silent-cyber issues, and both groups with the potential for catastrophic loss.

The net result is that many businesses seeking cover and assurance are confused by the risk and available solutions.

This session presents a unique cross-section of cyber and its wider effects across the insurance and risk management industries. The session is built on the bespoke knowledge assembled by Berea, a company working with insurers, brokers, risk managers and small businesses, with the mission of helping businesses understand and address cyber security.

At the end of this event, delegates will be able to identify:

• an overview of cyber risks/security, and the exposures faced by businesses of all sizes and the steps they should take to protect themselves
• the complexities and bottlenecks in the wider insurance industry that may affect the uptake of cyber insurance products
• where distribution of cyber is hamstrung, and tactics for addressing these issues
• an understanding of the UK Government Cyber Essentials scheme, the minimum benchmark for cyber security in an organisation, and its wider benefit to the insurance industry.

Refreshments and a light buffet will be available from 12.30

Aaron Yates is the Chief Executive of Berea, founding the business in August 2010. Berea help SMEs improve their working practices on cyber risk management through high-scale partnerships with insurers, MGAs and brokers.

As your local Institute Council, we put a lot of time and effort into arranging a full and varied calendar of CPD events throughout the year to help you, and other members of the Nottingham Institute, to keep up to date and to fulfil your CPD obligations. We also spend money on venues and providing catering. It is disappointing, therefore, when members fail to attend without notice as it potentially deprives another member the opportunity of attending.

In addition, many of the speakers at our CPD events provide their valuable time and expertise on an entirely voluntary basis. Many travel to come and speak to you, our members. We want to avoid situations where members fail to turn up and our speakers finding themselves speaking to empty seats.

If you book on to any event and you find you are unable to attend, we would ask that you kindly let us know in advance so that we can ensure other members do not miss out.

If you have any special requirements, be these of a dietary, disability or religious nature, please respond to your booking confirmation email with the details.

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