BS SGT 1 / Reshaping Risk Management with Cyber Insurance & Cyber Warranty
The future of cyber insurance and cyber warranty is poised for transformative growth as organizations grapple with escalating cyber threats and the financial risks associated with breaches. Cyber insurance is evolving to provide comprehensive coverage against increasingly sophisticated attacks, while cyber warranties emerge as complementary mechanisms, offering assurance on the performance and security of specific tools or services. Innovations in cybersecurity, powered by AI and machine learning, are enabling insurers to assess risks with greater accuracy and customize policies. The integration of financial risk management with cybersecurity frameworks is essential in a cyber resilience plan, but it also adds challenges, such as regulatory compliance, policy standardization, and the mitigation of moral and ethical dilemmas remains. As the digital landscape expands, the synergy between cyber insurance and warranties will play a critical role in safeguarding businesses, creating a shared responsibility model between vendors, insurers, and end-users. This presentation and fireside chat will explore the emerging trends in the cyber insurance industry, the challenges, and the potential to reshape risk management in the evolving cyber ecosystem.
Kirsten Bay Bio
As Co-Founder and CEO of Cysurance, Kirsten Bay brings over 25 years of expertise in financial services, risk intelligence, and cybersecurity, driving innovation in the cyber insurance market. Her background bridges finance, policy, and technology, enabling her to develop groundbreaking solutions for managing cyber risks.
Ms. Bay’s career is marked by leadership in shaping policy and strategy at the intersection of cybersecurity and economic resilience. She has advised congressional committees on cyber policies and collaborated with institutions like the Center for a New American Security (CNAS) and MIT-Harvard studies, showcasing her expertise in addressing complex risks.
A sought-after speaker, Ms. Bay has presented globally on topics like national security, critical infrastructure, and the economic impact of cyber threats at forums such as Black Hat and SC World Congress.
In the past 15 years, Ms. Bay has led big data and cybersecurity companies, advancing analytics and attack detection technologies. Her leadership has empowered organizations to integrate financial and operational risk management strategies effectively.
Ms. Bay continues to redefine the cyber insurance industry by combining cutting-edge technology with scalable risk mitigation frameworks for diverse sectors.
Tony Anscombe Bio
Tony Anscombe is the chief security evangelist for ESET. With over 25 years of security industry experience, Tony is an established author, blogger, and speaker on the current threat landscape, security technologies and products, data protection, privacy and trust, and Internet safety. His speaking portfolio includes industry conferences RSAC, Black Hat, VB, CTIA, MEF, Gartner Risk and Security Summit, and the Child Internet Safety Summit. He is regularly quoted in cybersecurity, technology and business media, including BBC, Dark Reading, The Guardian, The New York Times and USA Today, with broadcast appearances on Bloomberg, BBC, CTV, KRON, NBC, and CBS. Tony has previously served on the board of NCA, MEF and FOSI and held an executive position with AMTSO.
Lee Stauss Bio
Lee Stauss leads Cyber Risk Engineering at Sompo, assisting underwriters in analyzing insurance applications. Before joining Sompo, he co-founded an MSSP after serving as an Intelligence Officer in the Army.
Worth McAlister Bio
Worth McAlister is a highly skilled cyber insurance broker with more than eight years of experience at Amwins Brokerage. Worth specializes in delivering strategic, tailored guidance to businesses aiming to safeguard their digital assets and minimize financial exposure. Over the course of his career, he has cultivated a deep understanding of the interplay between cybersecurity threats and insurance solutions, enabling him to craft comprehensive policies that address the unique needs of each client. Worth’s client-centric approach, combined with his extensive knowledge of the insurance landscape, has earned him a reputation as a trusted advisor to organizations seeking to fortify their defenses against the growing tide of cyber risks.
More presentations from Kirsten Bay: Breakout Session - Strategy & Growth Track
More presentations from Tony Anscombe: Breakout Session - Strategy & Growth Track , The Important Role of Government and Private Partnerships in Tackling Cyber Threats , BS SGT 2 / Scaling, Automation, and Cost Optimization within Security Programs , BS CST 3 / Mastering Scanning at Volume
