Cyber Risk Triad: Technology, Security and Insurance
lynnem2@illinois.edu
Every organization is a target for cybercrime, but medium- and small-sized companies are increasingly vulnerable. They are big enough to make the hit worthwhile, yet lack a full-force IT department to put up sufficient defense. Cyberattacks dropped during the pandemic, and now the pace is picking up – with some high-profile ransomware incidents resulting in millions in payoffs. Cyberrisk is a systemic risk, and building a better defense is mission critical. This webinar will provide tips and techniques to identify vulnerabilities and highlight a developing cyberrisk model designed to help insurers better price the risk in order to expand cyber coverage.
Register Today
-----
John Donald | Cyber Adviser, AXIS Capital
John Donald graduated from Exeter University with an Engineering degree in 1983 and spent the next 20 years in Investment Banking both in the Far East and Europe. During that time he worked for Phillips and Drew, Jardine Fleming and ING Barings. He received the Institutional Investor award for No.1 ranking in Asian Equity Research for five consecutive years. He left Investment Banking in 2004 and bought a Scotch Whisky company which he successfully sold on to investors in 2008. For the next 10 years, he ran his own risk consultancy advising on geopolitical and cyber risk. He joined Axis Capital as a Cyber Adviser in February 2019. John is the author of two books. His first book “Catataxis: When more of the same is different” was published in October 2011 by Quartet Books. His second book “Bolt from the Blue: Navigating the new world of corporate crises” was published by Elliott and Thompson in 2013. He is also the author of “35 Views of Cyber Risk.”
-----
Runhuan Feng | Professor, Department of Mathematics, University of Illinois at Urbana-Champaign
Runhuan Feng is a Professor of Mathematics, Statistics, Industrial and Enterprise Systems Engineering. He is currently the Chair of Education and Research Section Council of the Society of Actuaries. He is a Fellow of the Society of Actuaries and a Chartered Enterprise Risk Analyst. He serves as an independent consultant to many external organizations and provides expert testimonies to law firms for public policy assessment and actuarial analysis. His consulting work has been used by Illinois General Assembly for pension-related legislative proposals.
He has a wide spectrum of research interests in mathematics and economics of risk and uncertainty in the financial world. He has published extensively on top-tier actuarial and quantitative finance journals.
As an applied scientist, Runhuan strongly believes that most interesting research problems are discovered in response to the changing needs of the industry and the society. He co-founded the Illinois Risk Lab, which facilitates research activities that integrate experiential learning for Illinois students and address industrial problems.
-----
Lynne McChristian | Senior Instructor and Director of the Office of Risk Management & Insurance Research at Gies College of Business at University of Illinois at Urbana-Champaign
Prior to joining the College in 2019, Lynne McChristian was on the faculty at Florida State University and served as executive director of FSU’s Center for Risk Management Education & Research. McChristian’s corporate career includes more than 14 years working in the Florida office of USAA. She has also been a consultant with the Insurance Information Institute and the American Property Casualty Insurance Association, which are insurance industry trade groups. McChristian has a bachelor's in journalism from Marquette University and a master's in mass communication from the University of Arkansas. She also holds an Associate in Management (AIM) designation from The Institutes.