Episode 22

The Future of Cybersecurity Insurance with Observatory Holding’s CEO, Gerry Kennedy

Published on: 9th April, 2024

Gerry Kennedy, CEO of Observatory Strategic Management, alongside Dino Busalachi, co-founder and CTO of Velta Technology, talk about the complex and evolving world of cybersecurity insurance. They unpack the nuances of IT and OT risk management, revealing how past incidents and technological advancements have shaped current practices.

Their discussion traverses the history from Y2K to present-day cybersecurity challenges, highlighting the crucial role of insurance in mitigating these risks. As they discuss their professional experiences and expert insights, the conversation sheds light on the importance of understanding legal and insurance frameworks in protecting against cyber threats.

This episode not only demystifies the intricate relationship between technology and insurance but also emphasizes the need for a holistic approach to cybersecurity, making it a must-listen for anyone looking to navigate the digital age safely.

Chapters:

  • 00:00:00 - Unveiling the Shadows: The Hidden Dangers Behind Kinetic Events
  • 00:01:04 - First Impressions: A Blizzard, A Hat, and The Cybersecurity Nexus
  • 00:02:00 - The Road Less Traveled: From Texting Bans to Cybersecurity Vanguard
  • 00:04:19 - From Y2K Fears to Today's Cyber Insurance: A Historical Perspective
  • 00:05:20 - Bridging Worlds: The Indispensable Roles of IT and OT in Securing the Digital Frontier
  • 00:08:47 - The Cyber Insurance Conundrum: Untangling the Web of IT and OT Risks
  • 00:13:08 - Beyond the Code: Legal Frameworks Shaping Cybersecurity's Future
  • 00:17:33 - Looking Ahead: The Interwoven Future of Insurance and Cybersecurity
  • 00:20:33 - The Underwriter's Lens: Enhancing Insurance with Cybersecurity Insights
  • 00:23:30 - A Call to Arms: The Imperative of Employee Awareness and OSHA's Emerging Role
  • 00:25:00 - The Unseen Liability: Navigating the Risks of Digital Premises
  • 00:28:45 - Fostering Unity: The Power of Community in Bolstering Cyber Resilience
  • 00:31:50 - The Bedrock of Business: Operational Technology's Critical Role in Cybersecurity
  • 00:32:28 - On the Horizon: The Evolving Interface of Cybersecurity and Operational

Links And Resources:

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About the Podcast

Industrial Cybersecurity Insider
Everything You Need to Know to 'Get Safer Sooner'
Created by Velta Technology, 'Industrial Cybersecurity Insider' offers a thorough look into the field of industrial cybersecurity for manufacturing and critical infrastructure. The podcast delves into key topics, including industry trends, policy changes, and groundbreaking innovations. Each episode will feature insights from key influencers, policy makers, and industry leaders. Subscribe and tune in weekly to stay in the know on everything important in the industrial cybersecurity world!

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Hector Santiesteban