PUNE
P844
– CYBER RISK MANAGEMENT
Background:
Cyber
Risks are on the rise. There is not going to be a reverse trend in that due to
increasing business dependence on Cyber Systems including IT and other digital
infrastructure & vulnerabilities in Cyber Systems. Even for customers (and
society at large), cyber platforms have become essential part of daily life. Due
to this, there is increasing awareness and demand for protection against Cyber
Risk and Cyber Liabilities. Cyber Risk Management also helps in ERM (Enterprise
Risk Management). General Insurance industry has started providing insurance
solutions against these risks to their retail and corporate clients, though a
lot more work needs to be done by working closely with client industries to
understand their cyber risk protection requirements. In this context, this
training has been arranged to bring together Cyber Risk Protection providers and
various client industries.
Objectives:
§
To understand and appreciate importance of Cyber Risk
Universe to Insurance industry
§
To understand Cyber Insurance Value Chain
§
To understand Cyber Risk Management, Cyber Insurance
Product Development, Policy Wordings, etc. in existing Cyber Products
§
To develop necessary knowledge and skills in Cyber Risk
Assessment & related modeling aspects
§
To provide understanding of the nature of Cyber
Liabilities in every changing Cyber World and understand related legal,
international practices and regulatory aspects
Contents:
§
Understanding Cyber Risk Universe
§
Cyber Risk Management Methods, Best Practices &
Standards
§
Cyber Risk Assessment Methods
§
Cyber Risk Modeling & Analytics
§
Study of Cyber Insurance Products available
§
Cyber Laws, EU-GDPR, DPDP Act.
§
Cyber Underwriting
§
Cyber Claims Handling
Participants’ Profile:
Middle, Senior or Higher Management from Insurance Technical Departments, Risk Management Department / ERM, IT Department at Head Office, Regional Offices, Divisional Offices of Non-life Insurance / General Insurance, Re-Insurance organizations, Regulators, organizations from Insurance-client industries.
Duration: 3 days
Dates:
09.02.2026
- 11.02.2026