You Think This Cyber Application is Long with Abe Gibson & Ryan Dunn, Episode #298

Facebook
Twitter
LinkedIn

In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Abe Gibson, Partner & Cyber Practice Leader, and Ryan Dunn, Partner & Vice President of Cennairus Cyber. Abe and Ryan discuss the challenges faced by small and medium businesses in implementing cyber controls, the latest trends in cyber insurance underwriting, and the critical role of virtual CISOs in enhancing cybersecurity and insurance terms.

Episode Highlights:

  • Ryan discusses the need for agents to assist with underwriting cyber insurance and the role of a wholesaler in gathering and translating information to the carrier to improve insurability for clients. (13:53)
  • Abe mentions that the perception that open RDP ports are a significant risk factor for ransomware attacks is misguided, as proper security measures such as MFA, strong passwords, and VPN segmentation can effectively mitigate any potential threats. (20:53)
  • Ryan mentions that the biggest mistake in the cyber insurance industry is agents rushing to submit insurance applications without taking a proactive approach, which includes analyzing and implementing necessary controls to become more secure and insurable. (33:41)
  • Ryan mentions that partnering with virtual CISOs can not only help clients adhere to compliance frameworks but also improve their insurability rates. (43:50)
  • Ryan mentions that it is crucial to seize the current soft market as an opportunity to improve processes, educate clients, and become proactive in cybersecurity, to position oneself as a trusted resource for the future hard market. (49:43)

Tweetable Quotes:

  • “There’s a lot of moving pieces, but we’re about to have a solution that hopefully doesn’t cost any money that you can get the same outcome with.” – Abe Gibson
  • “This is the time to improve your process. Learn some of these damn cybersecurity acronyms. You know, start being proactive with your clients, educate them. And you’ll be winning.” – Ryan Dunn

Resources Mentioned:

The Power Producers Podcast where we are refining and redefining the sales game.

Available On

David Carothers

Facebook Linkedin Envelope

Kyle Houck

Facebook Linkedin Envelope

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .
Killing Commercial Login