Cyber Risk Trends 2019 WrapUp Thursday January 30
Cyber Risk Trends: 2019 Wrap-Up Thursday, January 30 at 11 AM Eastern
Cyber Risk Trends: 2019 Wrap-Up Visit www. advisenltd. com at the end of this webinar to download: • Copy of these slides • Recording of today’s webinar
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Advisen’s Cyber Loss Database Case Type Case Status Privacy - Unauthorized Contact or Disclosure Data - Malicious Breach Data - Unintentional Disclosure Data - Physically Lost or Stolen Network/Website Disruption Phishing, Spoofing, Social Engineering Identity - Fraudulent Use/Account Access Skimming, Physical Tampering Privacy - Unauthorized Data Collection IT - Configuration/Implementation Errors Cyber Extortion IT - Processing Errors Undetermined/Other Industrial Controls & Operations Total Response Economic Litigated Fines & Event Costs Loss Cases Penalties 29, 386 1 5 28, 152 1, 064 35, 923 136 465 946 223 10, 153 11 7 284 133 8, 217 16 39 72 37 3, 838 61 168 39 8 2, 685 13 170 48 9 782 2 921 161 25 1, 457 3 96 22 4 789 3 522 59 809 6 15 49 22 12 1 821 66 704 7 31 30 12 681 1 12 18 120 2 5 1 2 95, 556 259 2, 747 30, 404 1, 616 Total 58, 608 37, 693 10, 588 8, 381 4, 114 2, 925 1, 891 1, 582 1, 373 901 900 784 712 130, 582 1
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Today’s Moderator Erin Ayers Editor, Cyber Front Page News Advisen Contact at eayers@advisen. com
Today’s Panelists Adam Cottini Lindsey Nelson Tom Srail Aloysius Tan Director of Business Development – Americas Insurance & Legal Verticals Crowd. Strike UK & International Cyber Team Leader CFC Underwriting Executive VP – Cyber Risk Team, Willis Towers Watson Product Manager, Information and Analytics Division Advisen
Cyber Loss Trends
Cyber Loss Trends
Cyber Loss Trends
Industry Overview
TYPES OF THREAT ACTORS SAMPLE FOOTER
ADVERSARY MOTIVATIONS CHINA RUSSIA NORTH KOREA • Intellectual Property • Regional Political • MIC 2025 • • Energy Regional Military Ops Political Organizations Sporting Organizations Intellectual Property Currency Generation Self-reliance Surveillance of Defectors E-CRIME • • Monetary Schemes Ransomware Banking Trojans POS Breaches IRAN • Destructive Malware / US and Regional Territories / Multiple Industries RSA 2019
THE E-CRIME ECOSYSTEM
NON-MALWARE ATTACKS MALWARE 49% 29% BOTH HIGH MALWARE LOW THREAT SOPHISTICATION LOW NON-MALWARE ATTACKS TERRORISTS HACKTIVISTS/ VIGILANTES CYBERCRIMINALS ORGANIZED CRIMINAL GANGS NATIONSTATES HIGH HARDER TO PREVENT & DETECT 22% RSA 2019
Quarterly Cyber Risk Trends: 2019 Wrap-Up Erin Ayers Advisen Adam Cottini Lindsey Nelson Tom Srail Aloysius Tan Crowd. Strike CFC Underwriting Willis Towers Watson Advisen
Thank you to our panelists! Adam Cottini Lindsey Nelson Tom Srail Aloysius Tan Director of Business Development – Americas Insurance & Legal Verticals Crowd. Strike UK & International Cyber Team Leader CFC Underwriting Executive VP – Cyber Risk Team, Willis Towers Watson Product Manager, Information and Analytics Division Advisen
Cyber Risk Trends: 2019 Wrap-Up Visit www. advisenltd. com at the end of this webinar to download: • Copy of these slides • Recording of today’s webinar
For more on Advisen, visit www. advisenltd. com or email us advisenevents@advisen. com
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