Sp Ep Beazley: Cyber Risk - From Breach to Boardrooms and Beyond

Today, we’re going to go deeper into the world of cyber attacks
than we have ever done before. We’ll be looking at the insurance
claims that they produce as well as the longer-term consequences
for their victims Often as journalists covering cyber insurance
we focus on the big hacks, the headline numbers, and gloss over
the detail of the personal stories and the real hard yards that
have to be run to recover from an attack and the potential
long-term consequences for a business, its directors, its
customers and all other stakeholders. As the immediate damage and
business interruption triggers potential regulatory, statutory
and other serious third-party consequences, these hard yards
often have to be run down multiple different paths
simultaneously. The in-depth interviews that follow will deepen
your understanding of the more complex and long-tail nature of
this peril. I’d like to put you right in the room in the shoes of
the Directors of a company as an attack unfolds. We’re going
behind the scenes to uncover what it’s really like when a
business becomes the target of a digital assault, from the
immediate shock to the long-term repercussions that are often
ignored by boards. We’re also going to go into detail on how the
nature of the cyber threat and the tactics of cyber criminals are
evolving. To help me in this task my guests are: Magnus Jelen,
(pictured top) Director of Incident Response EMEA for Coveware, a
firm that helps victims of cyber extortion recover their data;
and three senior executives at Beazley: Raf Sanchez (pictured 2nd
from top), Beazley’s Head of Cyber Services, Cyber Risks. Melissa
Collins, (pictured 2nd from bottom) Head of Third Party Cyber
& Tech Claims, and Wayne Imrie, (pictured bottom) Head of
London Market Wholesale Executive Risks. Magnus and Raf are right
on the front line, dealing with the immediate consequences of a
hack. Magnus even deals with the hackers themselves. Melissa
deals with the external insurance claims that result and Wayne is
a Directors and Officers (D&O) specialist who has a deep
understanding of how the D&O and Cyber insurance products
interact. LINKS:  As promised, here is the link to Beazley's
latest Risk and Resilience Survey Spotlight on Tech
Transformation & Cyber Risk 2025:
https://www.beazley.com/en-001/news-and-events/spotlight-on-tech-transformation-cyber-risk-2025/