Moving Beyond Breaches

Cyber insurance is a much discussed but ill understood topic that has made a resurgence among some in Washington as the silver bullet solution for information security. While the promise has yet to deliver on the hype, there are reasons to believe that insurance is a useful tool for firms of all shapes and sizes in investing in security.

Join New America's Cybersecurity Initiative and Just Security for conversations with leading experts in cyber security policy and practice to discuss the mechanics of cyber insurance and how to reinvigorate a moribund insurance marketplace.

Follow @NewAmCyber and @just_secutity for live coverage of the event. Join the conversation by using #BeyondBreaches.

AGENDA

Opening Remarks
Ian Wallace
Co-director, Cybersecurity Initiative and Senior Fellow, International Security Program, New America

Session 1: The Mechanics of Cyber-Risk: The idea of cyber-insurance has been around since the late 1990s but has yet to have the impact some had hoped for. In many cases data breaches and other larger cyber incidents are treated as force majeure, or a force of nature, and remain uncovered by insurance. This status quo is due in large part to difficulties in quantifying risk. So we ask: what is cyber-risk and can we quantify it?

Participants:
Trey Herr
PhD Candidate, George Washington University
Cybersecurity Fellow, New America

Elissa Doroff
Vice President, Title Underwriting Project Manager, Cyber/Technology, XL Group

Jen Weedon
Threat Intelligence Expert
@JenWeedon

Robert Morgus
@RobMorgus

Session 2: The Precedent for Cyber Insurance: Cyber insurance is out there, but the market for it has become stale. This conversation will explore why cyber insurance is feasible; what is being and can be done in Washington; what we can learn from our experiences setting up insurance marketplaces; and what positive externalities we could expect from a thriving cyber insurance marketplace.

Participants:
Harvey Rishikof
Senior Counsel, Crowell & Moring
Chair, Standing Committee on Law and National Security, American Bar Association
Cybersecurity Fellow, New America

Elana Broitman
Cybersecurity Fellow, New America

Greg Vernaci
Senior Vice President, American International Group

Catherine Mulligan
Senior Vice President, Zurich North America

Tom Finan
Senior Cybersecurity Strategist and Counsel, U.S. Department of Homeland Security

John Reed
Managing Editor, Just Security