The Cyber Insurance Questionnaire: Please Tell Me There's Another Way!, with Davis Hake, Co-Founder of Resilience
On this episode of the IoT: The Internet of Threats podcast, Davis Hake, Co-Founder of Resilience, joins podcast host Eric Greenwald to explore the cybersecurity insurance marketplace and how a startup insurer like Resilience can differentiate itself in the space. Eric and Davis discuss how the increasing frequency and severity of ransomware and supply chain attacks are driving increases in premiums, how insurers evaluate a company's cyber risk, and how they can guide companies to improve their cybersecurity ecosystems.
Interview with Davis Hake
Davis Hake co-founded Resilience in 2016 and currently serves as the cyber insurer's VP of product marketing and business development. He is also an Adjunct Professor on cyber risk management at the University of California Berkeley and a Term Member on the Council of Foreign Relations. Prior to co-founding Resilience, Davis served as the Director of Federal IT Security for the National Security Council and was the Chief of Staff for the Deputy Under Secretary for Cyber Security in the US Department of Homeland Security.
In this episode, Eric and Davis discuss:
How ransomware and software supply chain attacks have driven up the cost of cybersecurity insurance
How insurers look at cyber risk and the drivers they have to encourage policyholders to improve their cybersecurity
Whether documenting a company's cybersecurity control environment could pose a legal risk and potential liability
The cost-versus-benefit temptation that companies sometimes face when presented with the high costs of cybersecurity improvements
Regulation's role as a catalyst in bringing new controls online to confront new and emerging cybersecurity threats
Find Davis on LinkedIn:
Davis Hake: https://www.linkedin.com/in/davis-hake/
Learn more about Resilience: https://www.linkedin.com/company/resilience-cyber/
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