Cyber security – The Critical Role of Finance in Mitigating Cyber Risk
Cyber threats are becoming more sophisticated every day… and tools are also becoming more sophisticated, but organizations of all sizes are succumbing to orchestrated cyber-attacks including ransomware, fraud, and data exfiltration. So, adopting the right strategy is important. This requires a risk management-based approach: understanding your assets, your risks and defining what to do to best protect your business.
10:00 AM – 10:05 AM: Welcome Remarks and Introductions
10:05 AM – 10:20 AM: New advancements in technology, such as Artificial Intelligence and machine learning, and how they have enabled more sophisticated protection against these threats.
10:20 AM -10:35 AM: Are you auditing your IT controls and security procedures? System and Organization Controls (SOC) is a suite of service offerings CPAs provide in connection with system-level controls of a service organization or entity-level controls of other organizations.
10:35 AM – 10:45 AM: Cyber & Privacy Liability Overview – Cyber Claims
Understanding the threats and vulnerabilities before an attack occurs will help protect your business and reputation and help lower the cost of your cyber insurance.
10:45 AM – 10:55 AM: Q&A
10:55 AM – 11:00 AM: Closing Remarks and Thank You
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