In this episode, Kevin Szczepanski and Dean Mechlowitz of TEKRiSQ discuss the blind spot that organizations may have when it comes to cyber risks and the need for a cyber risk assessment. They note that the tactics used by criminals to compromise data often don’t require a highly skilled hacker, yet many organizations believe they are secure. Dean emphasizes the importance of conducting a cyber risk assessment to identify and prioritize risks based on the type of data, technology, processes, and regulatory requirements of the organization. Kevin and Dean also discuss the role of cyber insurance in risk management. Listen in to make sure you’ve done what you can to protect your business.



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Chapters
00:00 Introduction and the Blind Spot of Cyber Risk
03:08 Defining Cyber Risk and the Need for Assessments
08:34 The Importance of Policies and Enforcement
10:23 The Role of Risk Assessments in Cybersecurity
15:58 Executing a Pragmatic Risk Assessment
20:10 Cyber Insurance and Risk Transfer
22:25 Addressing Criticisms of Cyber Insurance
25:48 Conclusion: Taking Action to Protect Your Business