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 ransomware is and the nature of the risk
Analyze the ransomware coverage offered by a cyber insurance policy
Speak confidently about an organization’s ransomware preparedness
Describe what to do and expect in case of a claim
Make well thought out buying decisions for your clients
Welcome
Course objectives
Downloadable Material
Chapter introduction and objectives
What is Ransomware?
Terminology - the attack
How do ransomware attacks happen?
How do criminals select their targets?
The financial damage
Ransomware example
What are the chances I'll be a victim?
Will I be targeted?
Quiz - Ransomware and Risk
Chapter introduction & objectives
Ransomware - risk and loss
Ransomware coverage on a cyber policy
What's not covered
Ransomware and insurance limitations
Other limitations
Quiz - Ransomware and Insurance
Chapter introduction & objectives
Ransomware preparedness - secure
Ransomware preparedness - plan
Ransomware preparedness - insure
Quiz - Combating Ransomware
Chapter introduction & objectives
Claims reporting requirements
Claims for first-party loss
Claims for third-party loss
What to expect in the claims process
How do ransomware insurance claims work?
Quiz - Ransomware Claims
Chapter introduction & objectives
What to buy - the options
Buying cover for ransomware
Choosing coverage
What to expect in the application process
Understanding the insurance application
Quiz - Buying Ransomware Insurance
