Cyber Insurance 101
Learn all about Cyber Insurance: how and why privacy and security breaches create exposures for companies, what coverage is available under Cyber Insurance and how to compare coverage between policies.
This course is approved for 1.5HR CE Credits for BC, AB, SK, MB and RIBO (technical hours).
By the time you’ve completed this course you’ll be equipped to:
Explain what is covered under a standalone cyber policy
Describe why and how privacy and security breaches create exposures for companies
Illustrate how vulnerabilities create exposure for companies
Provide a claims scenario for ransomware, business interruption, and social engineering loss
Conduct a policy comparison of critical differences
Course Introduction
Downloadable Material
What is Cyber Insurance?
Cyber Overview: Privacy vs. Network Security Breach
Cyber Overview: What is Private Information?
Cyber Overview: How does a claim unfold
Quiz Instructions
Quiz - What is Cyber Insurance?
What is Privacy Liability?
Privacy: Legislation Overview
Privacy Legislation - USA
Privacy Legislation - Canada
Privacy Legislation: Europe
Privacy Legislation Wrap Up
Privacy: What does this mean for businesses?
Privacy Liability - A Claim Scenario
Quiz - What is Privacy Liability?
What is Network Security Liability?
Network Security Liability - Terminology & Definitions
Network Security Liability: Claims examples
Quiz - What is Network Security Liability?
First-Party vs Third-Party Coverage - Introduction
First Party vs Third Party under a Cyber Policy
Main Insuring Clauses in a Cyber Policy: Third-Party Coverages
Main Insuring Clauses in a Cyber Policy: First-Party Coverages
Insuring Clauses Activity
Computing Definitions
Claims Example: First Party & Third Party Illustrated
Basic Policy Overview Quiz
Introduction to Exposures & Coverage Chapters!
Introduction to Privacy Breaches Exposure & Coverage
Privacy Breach Coverage
Privacy Breach - Examples
Quiz - Exposures & Coverage: Privacy Breach
Here are some additional CE approved courses
CE:1.5HR - BC, AB, SK, MB, RIBO (technical). Commercial Crime Insurance. Learn about risks, key coverages and claims requirements and important considerations for buyers and risk mitigation.
CE: 2HR - BC, SK, MB, (RIBO & AB-pending). Learn about the risks covered by a Technology Errors & Omissions Insurance policy PLUS what kind of companies need it and what a claim looks like. E&O, cyber, network security, privacy breach.
CE: 2HR - BC, AB, SK, MB, RIBO (technical). Learn all about Directors and Officers Liability insurance. Gain the knowledge you need to explain and discuss D&O liability and insurance with clients and prospects.
CE:1.5HR - BC, AB, SK, MB, RIBO (Personal Skills). Learn how to read financial statements from the insurer's perspective. This course teaches financial statement basics and what to look for to assess insurance risk.