How Business Can Transfer Cyber Risk

Season 6 Episode 87

In this conversation, Jeff Severino and Nathan Borghardt discuss the importance of cyber insurance for small businesses. They share their background and approach to cyber insurance, emphasizing the need for risk transfer. They highlight 12 low-cost measures that small businesses can implement to reduce their cyber risk.

The conversation also explores the costs and consequences of cyber attacks, the sophistication of cyber criminals, and the future of cyber insurance. The speakers stress the importance of engaging with insurance professionals and seeking education and resources to navigate the complex cyber insurance market. They emphasize the need to align with trusted professionals and continue to expand the market for cyber insurance.

Takeaways

Risk Transfer is a Great Way to Approach your Cyber Planning
Cyber insurance is a crucial risk transfer tool for small businesses.
Implementing low-cost measures can significantly reduce cyber risk.
The costs and consequences of cyber attacks can be devastating for small businesses.
Engaging with insurance professionals and seeking education and resources is essential for navigating the complex cyber insurance market.

Chapters

00:00 Background and Approach
05:18 Understanding Cyber Insurance as Risk Transfer
06:12 12 Low-Cost Measures for Small Businesses
15:23 Costs and Consequences of Cyber Attacks
18:26 The Importance of Cyber Insurance
20:46 The Sophistication of Cyber Criminals

Season 8 is officially here — and it’s the most unhinged, hilarious, and dangerously educational season we’ve ever done with full cyber chaos:

🔥 Interviews with spies & double agents 💥 Cyber WTF moments 🎮 New interactive segments & games 🛡️ Business-grade cybersecurity insights 😂 More humor, more banter, more chaos

Hit SUBSCRIBE

Growth without Interruption. Get peace of mind. Stay Competitive-Get NetGain. Contact NetGain today at 844-777-6278 or reach out online at www.NETGAINIT.com

Support the show

🔥New Exclusive Offers for our Listeners! 🔥

1. Remove Your Data Online Today! Try OPTERY Risk Free. Sign up here https://get.optery.com/DMauro-CyberCrimeJunkies
2. Or Turn it over to the Pros at DELETE ME and get 20% Off! Remove your data with 24/7 data broker monitoring. 🔥Sign up here and Get 20% off DELETE ME
3. 🔥Experience The Best AI Translation, Audio Reader & Voice Cloning! Try Eleven Labs Today risk free: https://try.elevenlabs.io/gla58o32c6hq

Dive Deeper:
🔗 Website: https://cybercrimejunkies.com

📰 Chaos Newsletter: https://open.substack.com/pub/chaosbrief

✅ LinkedIn: https://www.linkedin.com/in/daviddmauro/
📸 Instagram: https://www.instagram.com/cybercrimejunkies/

===========================================================

Published on 5 months ago

Podcast Episode Details

How Business Can Transfer Cyber Risk