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DTSTART;TZID=Europe/London:20240703T130000
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DTSTAMP:20260412T160329
CREATED:20240630T201319Z
LAST-MODIFIED:20240630T201319Z
UID:83027-1720011600-1720015200@staging.limestreetguide.com
SUMMARY:Managing third party supply chain cyber risk 2024
DESCRIPTION:Managing third party supply chain cyber risk 2024\nIn this IIL cyber webinar\, Cameron Carr\, Neil Hare-Brown and Andrea Garcia-Beltran identify the most important cyber risks posed by third-party suppliers to your client’s organisation\, the likely impacts and policy response by reference to recent loss events\, the breadth of cover as perceived by underwriters and brokers\, any anticipated changes in the near future and how clients can mitigate the risk to protect themselves and avoid the events leading to policy notifications. \nDescription\nAs the cyber risk landscape evolves\, companies are focusing more on the cyber risk presented by their third-party suppliers. There is a greater appreciation that this risk can be harder to control but can introduce unforeseen vulnerabilities into a company’s cyber risk profile. As recent cyber events arising from incidents originating from third-party suppliers illustrate\, it is important to understand the nature of third-party supplier risk\, the impacts they can cause and how an insurance policy will respond to those cyber events/impacts. \nThe availability and breadth of coverage can depend on an underwriter’s appetite for the risk as it is understood by the client and mitigated where possible. This emphasises the importance of due diligence of third-party suppliers\, proper contractual obligations on them\, and protections for the company\, along with measures the company can take to its own networks and processes to minimise that external vulnerability. \nLearning objectives:\n\nUnderstand the risks posed to policyholders through cyber events impacting suppliers\nReview the typical policy response to supply cyber events provided through cyber policies today in the context of recent loss events\nDiscuss the arguments relating to the scope of existing cover and how it might be changed in future\nHow can your clients mitigate this risk\, making them more ‘insurable’ for underwriters and potentially avoid the event\n\nSpeakers\n\nCameron Carr\, Partner\, Mullen Coughlin LLC\nNeil Hare-Brown\, CEO\, Storm Guidance\nAndrea Garcia-Beltran\, Head of Cyber Europe\, Nirvana Underwriting\nChair: Charlotte Peniston\, International Wholesale Cyber & TMT Leader\, WTW\n\n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://staging.limestreetguide.com/event/managing-third-party-supply-chain-cyber-risk-2024/
LOCATION:Online
CATEGORIES:Online,Education & Training,CPD Certified
ATTACH;FMTTYPE=image/png:https://staging.limestreetguide.com/wp-content/uploads/2017/09/logo-the-insurance-institute-of-london-e1539464378247.png
ORGANIZER;CN="The Insurance Institute of London (IIL)":MAILTO:Iil.london@cii.co.uk
GEO:51.533166;-0.130418
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