Скачать или смотреть Bring Predictability to the Unpredictable - Reduce spiraling costs for incident r

Spiraling costs following a cyber breach present a huge challenge for both insureds and insurers. Following an incident, insurers need to stay close to the incident and have a comprehensive understanding of the costs. Pre-vetting of vendors is crucial; you should consider the type of incident, and the insured.

To put it simply, delivering a disaster response plan that ensures business continuity and restores core functionality means you need the right partners involved in the right incidents.

Take for example, data mining. It’s a pain point in terms of unpredictable costs. Insurers that hunt down the right vendors to help them efficiently process the data, and reduce manual intervention, will be the winners.

Watch now to:
Ensure your incident response plan is robust and regularly updated: Analyze the gaps to minimize downtime and losses
Avoid volatile costs: Resolve unknowns and uncertainties, especially around large data sets, and evaluate how many people are impacted, and the scope of the attack
Discuss strategies for working with vendors you trust, conducting due diligence, and getting accurate quotes without costs spiraling
Address the challenges of a third-party breach, including data mining and notification covering multiple countries and languages
Investigate your preferred vendors’ rates and review contracts and retainer agreements to ensure that respective responsibilities and assumed liability is in place well in advance of an incident

Learn more: https://hubs.ly/Q02Z4F_M0

#cyberinsurance #cyberincidentresponse #CIR