Magyar Aktuárius Társaság Hungarian Actuarial Society International Actuarial Association Groupe Consultatif Actuariel Europeen

2020.01.10. WG: EAA Seminar: „Cyber Risk and Cyber Insurance” on 11/12 May 2020 in Copenhagen, Denmark

2020. január 18. Hírek

Over the past years, technological advances have greatly increased our dependency on digital technology. As a result, consumers and businesses alike have become vulnerable to any form of distortion of their digital infrastructure. Due to the intangible nature and quickly changing character, risk managers face a formidable challenge to effectively manage this ‘cyber risk’. One of the possible mitigation measures is to buy cyber risk insurance, which may cover a plethora of expenses related to incidents in the digital realm. Insurers, and the risk managers and actuaries working for them, play a dual role in the cyber insurance industry, both offering cyber insurance solutions as well as being exposed to cyber risk in their own organisation.

Therefore join our seminar „Cyber Risk and Cyber Insurance” which is organised on 11/12 May 2020 in Copenhagen, Denmark, in co-operation with Den Danske Aktuarforening!

In this seminar, we will explore both roles of the insurer. Various aspects of cyber risk and cyber insurance will be discussed, including current modelling methodologies, risk management approaches and cyber risk treatment. After attending the seminar, participants will be familiar with the threat, vulnerability and insurance landscapes and will have been provided with ideas how to approach cyber risk in their own organization, with a focus on quantification, people aspects and the process of cyber incident response.

The presentations will form a mix of an explanation of cyber risk concepts and an exploration of technical methodologies. Besides being provided with the theoretical basis, attendees are offered the opportunity to deepen their understanding through examples, exercises and case studies.

The early-bird registration fee is € 840.00 plus 25% VAT for bookings by 11 March 2020. After this date, the fee will be € 990.00 plus 25% VAT.

Please find all additional information in this print version as well as on our website where you will find the registration form. An overview on other upcoming events can be as well.