Cybercrime , Cybercrime as-a-service , Fraud Management & Cybercrime

Changing Data Quantification in Security Insurance

Lynn Peachey of Arete on Insurance Companies' Response to the Ransomware Epidemic
Changing Data Quantification in Security Insurance
Lynn Peachey, director of business development, Arete Incident Response

Lynn Peachey, the director of business development at Arete Incident Response, says that insurance companies have made "a pretty quick turnaround in terms of trying to respond to the ransomware epidemic."

She says the insurance community now feels that EDR and MFA are "important security tools to have in your arsenal to really reduce your attack surface."

In this episode of "Cybersecurity Unplugged," Peachey discusses:

  • How MFA and other important security tools that reduce your attack surface are in keeping with the zero trust model;
  • Why insurance companies are seeing more demands for subrogation in the wake of a cyber incident;
  • How underwriters are addressing third-party risks by doing more complete vendor vetting.

Peachey serves as the director of business development at Arete Incident Response, an insurance company and security insurance space, where she connects clients and partners with cybersecurity solutions. She is a licensed lawyer in multiple states, including New York, California, Texas and Florida, and is a member of the New York and New Jersey State Bar Associations.




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