Cyber Risk Management for Auto Dealers
Admin
September 26, 2024
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5 mins read
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Dealerships have seen a significant uptick in cybercrime in recent years. It's crucial for dealerships to prioritize cyber liability coverage and implement risk management practices to protect against cybercriminals.
GNYADA’s Insurance partner, HUB will explain why dealerships should have up to date risk management practices, along with comprehensive cyber liability insurance to cover the cost of a cyber-attack, including first- and third-party coverages such as ransomware extortion and social engineering.
Agenda Topics Include:
- What is cyber risk?
- How exposed am I to financial loss due to a cyber event?
- What measures does my dealership need to take to be prepared for a cyber event or network outage?
- What types of insurance policies are available to recover financial losses sustained as a result of a cyber attack?
- What is necessary to obtain quotes for these insurance policies?
Presenters:
- Nicholas Cacciola, Senior Vice President and Northeast Cyber Practice Leader, HUB International
- Bill Passarotti, Senior Vice President of Commercial Accounts, HUB International
- Michael W. Conway, Executive Director, GNYADA Insurance Brokerage