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Cyber Crime Junkies

New Ways Leaders Can Assess Their Risk Appetite

26 Feb 2025

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Question? Text our Studio direct.In this conversation, Dan Elliott, principal cybersecurity risk advisor at Zurich, discusses new ways leaders can assess their risk appetite.KEY TOPICS: ·      how risk appetite effects your cyber security plans, ·      explaining risk appetite in cyber security to leadership, ·      how security planning involves risk appetite, ·      new ways leaders can assess their risk appetite, ·      how cyber insurance works, ·      how cyber insurance is only one part of risk management, ·      and risk management beyond cyber insurance. Chapters·      00:00 Introduction and Role Explanation·      03:26 Transferring Risk and Risk Appetite·      06:01 The Complexity of Insurance and Risk Management·      07:41 Insurance as One Part of Risk·      08:10 The Impact of Breaches Beyond Insurance·      09:48 Career Journey: From Coding to Law Enforcement·      16:32 Concerns of Organizational Leaders·      20:22 Breakdown in Communication between Technology Leadership and the Board·      21:19 Explaining Risk Mitigation and Funding Needs·      22:46 Constantly Evolving Security Programs·      23:02 Challenges and Techniques in Fighting Breaches·      24:07 The Complexity of Cybersecurity Breaches·      25:13 The Priming Process and Research Involved in Breaches·      26:07 Measuring and Quantifying Risk in Cybersecurity·      27:03 Compliance vs. Cybersecurity·      28:03 The Importance of Cyber Risk Quantification·      29:11 The Role of Compliance and Security in the Financial Industry·      30:02 Preparing for a Data Breach: Incident Response Planning·      34:06 The Role of Law Enforcement in Incident Response·      36:22 The Difference Between Compliance and Security·      43:38 The Impact of Poor Preparation on Breach RespGrowth without Interruption. Get peace of mind. Stay Competitive-Get NetGain. Contact NetGain today at 844-777-6278 or reach out online at www.NETGAINIT.com   Support the show🔥New Special Offers! 🔥 Remove Your Private Data Online Risk Free Today. Try Optery Risk Free. Protect your privacy and remove your data from data brokers and more. 🔥No risk.🔥Sign up here https://get.optery.com/DMauro-CyberCrimeJunkies 🔥Want to Try AI Translation, Audio Reader & Voice Cloning? Try Eleven Labs Today 🔥 Want Translator, Audio Reader or prefer a Custom AI Agent for your organization? Highest quality we found anywhere. You can try ELEVAN LABS here risk free: https://try.elevenlabs.io/gla58o32c6hq 🎧 Subscribe now http://www.youtube.com/@cybercrimejunkiespodcast and never miss a video episode! Dive Deeper: 🔗 Website: https://cybercrimejunkies.com Engage with us on Socials: ✅ LinkedIn: https://www.linkedin.com/in/daviddmauro/ 📱 X/Twitter: https://x.com/CybercrimeJunky 📸 Instagram: https://www.instagram.com/cybercrimejunkies/

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