Cyber insurance is predicted to play a major role in ICS risk management, but today it’s a new field with limited data and policies undergoing development and change. This session includes an ICS and cyber insurance industry engineer and a large insurer to provide guidance on the different types of coverage for a variety of risk
Two ICS incident examples will be presented to provide real world, practical advice. They will discuss what policies will and will not cover damage due to a cyber incident, what damage is covered, and what you should look at when considering cyber insurance.
The objective for the session is to educate on cyber insurance and it’s uses within the context of ICS cyber events, while also providing practical methods for ICS security professionals to engage their insurance risk manager on cyber risk quantification and whether or not the right coverage (if any) is in place.