Podcasts

Ep. 6: Cyberattacks and how to prepare for the breach before it happens

In this episode, our experts discuss the recent high-profile cyber breaches and the impact on the affected organisations and their consumers.

Foot Anstey's international committee bring you a new podcast series focusing on different jurisdictions and industries, exploring the opportunities that exist in the global marketplace.

In our sixth episode, Principal Director, Karl Bradford & Partner, Ashley Avery are joined by Elizabeth Gurney, Senior Vice President, Cyber and Technology at Lockton Companies LLP to discuss the recent high-profile cyber breaches and the impact on the affected organisations and their consumers. Together, they explore high-profile cyber breaches and their impact, highlighting the universal vulnerability of all sectors to cyber threats. The discussion outlines practical steps businesses can take to strengthen their cyber resilience, the vital role of cyber insurance in risk management, and how our BreachReddi product can help organisations enhance their preparedness.

What's in this episode?

The experts discussed the recent high-profile cyber breaches highlighting the impacts on the affected organisations and their consumers. Emphasising the inevitability of attacks and the universal vulnerability of sectors to cyber breaches, they expand on what business can do to prepare for such a breach, and the importance to contain the damage and recover fast if things do go wrong.

This led to a deeper discussion on the importance of having cyber insurance in place to help businesses manage the fallout from malicious attacks and operational errors. The experts explored what different policies cover and what insurers require to provide the right level of protection for clients.

The experts also discussed Foot Anstey’s BreachReddi product, which helps organisations assess their readiness for a cyber incident. Working in collaboration with cybersecurity specialists and a PR agency, BreachReddi enhances education and training across the business. This proactive approach not only strengthens an organisation’s ability to respond effectively to a breach but also improves its overall risk profile - leading to more favourable responses to the questions required by cyber insurance providers.