Assessment of risks in cyber insurance

October 28
Online seminar (German), 1pm (UTC+1)

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Duration: 60 minutes

General description

Cyber risk assessment is by nature and extent depending on threats (e.g. by actors and attractivity of the organization as target) and possible loss scenarios (e.g. by mere impact or legislation and jurisdiction), on the activities of the insured (industry sector) and on coverage related specifications (content and limits, reinsurance). A methodology for cyber risk assessment can follow different approaches, but they are almost always based on an international standard for information security. The Munich Re approach takes two dimensions into account: exposure and information security. The identification and evaluation of the level of information security follows the worldwide available and international accepted standard for information security management systems (“ISMS”) as available in the ISO 27k family and published by the International Standardization Organization.

Content

  • Introduction into the methodology of cyber risk assessment
  • Identification and evaluation of cyber exposure
  • Identification and evaluation of information security
  • Spot on tools for cyber risk assessment
  • Spot on pricing

Level

Target group

Cyber underwriter, product manager, cyber risk manager, claims experts and manager who need to understand upcoming trends and have a solid experience in cyber insurance.

Language

German

Deadline for registration

21 October 2020
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