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
Deputy Secretary
U.S. Department of the Treasury

Panel 1 – The Cyber Threat Landscape

Steven Shirley
Executive Director
Department of Defense Cyber Crime Center

Mark Weatherford
The Chertoff Group

Dmitri Alperovitch
Co-Founder and CTO

Panel 2 – Financial Sector Cyber Risk Management

John Carlson
Chief of Staff
Financial Services Information Sharing and Analysis Center

Adam Hamm
Insurance Commissioner
North Dakota Insurance Department

Jake Olcott
Vice President
BitSight Technologies

Evan Wolff
Crowell & Moring LLP

This event is made possible by the generous support of the National Association of Insurance Commissioners.