NAIC To Host Cyber Risk and Role of Insurance Forum Jointly With Center for Strategic and International Studies
Aug 24, 2015
The National Association of Insurance Commissioners (NAIC) will host a joint forum entitled “Managing Cyber Risk and the Role of Insurance” with the Center for Strategic and International Studies (CSIS) from 9 a.m. to 1 p.m. on Thursday, September 10, 2015 in Washington, D.C.
To register for the event, click here.
NAIC Immediate Past President and North Dakota Insurance Commissioner Adam Hamm will serve on one of the event panels.
As cyber attacks become more frequent and more damaging, the cost of not being prepared is rising and companies are considering how to mitigate risk. The insurance industry can play an important role in managing cyber risk, but it needs to better understand the threat and quantify the potential damages. Understanding the range and diversity of cyber threats facing American companies, and the cost of cyber attacks and data breaches to victim companies, is essential for insurers to offer new products and services and manage their own exposure to cyber risk.
The CSIS will convene a wide range of stakeholders including industry executives, senior policymakers, and security experts to discuss these issues and promote the development of a common understanding of the cyber risks to American companies and how best to manage those risks.
Keynote address by:
Sarah Bloom Raskin
U.S. Department of the Treasury
Panel 1 – The Cyber Threat Landscape
Department of Defense Cyber Crime Center
The Chertoff Group
Co-Founder and CTO
Panel 2 – Financial Sector Cyber Risk Management
Chief of Staff
Financial Services Information Sharing and Analysis Center
North Dakota Insurance Department
Crowell & Moring LLP
This event is made possible by the generous support of the National Association of Insurance Commissioners.