Avoiding Preventable Losses From a Cyberattack: Guidance for Finance and Operations Leaders

When an operation is shut down by a ransomware attack for a period of days or weeks, finance and operations leaders will face many non-technical decisions that can make all the difference in limiting the severity of financial losses, legal liability, and reputation damage. This CPE-credited webinar will cover the basic steps executive teams can take before and during a cyber attack to avoid a worst-case scenario with insights from insurance and IT experts Kirsten Bay and Randy Richardson and a live exercise walking through an example cyberattack scenario led by former military security analyst Forrest Palamountain, CISSP.

Come away with a real-world view of typical costs of recovery that may be out of pocket until insurance kicks and practical guidance for your executive team to navigate the crisis toward the best possible outcome.

Session Learning Objectives:

• Prepare for critical decisions CFOs and finance leaders face during a cyber crisis
• Quantify financial losses of a total work stoppage if recovery takes days or weeks
• Get a playbook for your executive team to minimize losses and reputation damage
• Cyber insurance: Key considerations and common reasons claims are being denied
• Learn how underwriters assess your risk profile and ways to reduce your premium
• Be ready for questions often asked by the board, investors, regulators, and insurance following an incident