Why do you need Cyber Insurance? with Sam Weaver from Coaltion

In this episode, Sam Weaver from Coalition joins us on board the good ship SS Tomorrow. Where he talks about the importance of cyber insurance for small to medium enterprises (SMEs). Sam shares his journey and highlights the growing cyber risks faced by businesses. He explains that cyber risk is the most significant risk of our generation and that SMEs are particularly vulnerable.

Sam discusses the leading concerns in the Australian business landscape, such as scam messages, email attacks, and ransomware. He provides tips to prevent cyberattacks, including being sceptical of inbound messages and implementing multi-factor authentication. Sam also discusses the impact of remote work on cyber risks and the future of cyber insurance.

Takeaways

Cyber risk is the most significant risk of our generation, and SMEs are particularly vulnerable.

Leading concerns in the Australian business landscape include scam messages, email attacks, and ransomware.

To prevent cyber-attacks, be sceptical of inbound messages, implement multi-factor authentication, and stay updated on new vulnerabilities.

The rise of remote work has increased cyber risks, mainly through technologies like Remote Desktop Protocol.

The future of cyber insurance involves integrating new technologies, such as AI, to better protect against emerging threats.

Chapters

00:00 Introduction

01:13 Sam Weaver's Journey

03:04 Vulnerability of SMEs to Cyber Risks

04:26 Leading Concerns in Australian Business Landscape

05:26 Tips to Prevent Cyber Attacks

07:09 Impact of Remote Work on Cyber Risks

09:07 Making SMEs Resilient Against Cyber Attacks

13:41 The Future of Cyber Insurance

For more information, visit https://www.coalitioninc.com/en-gb.

Or follow Sam on LinkedIn here.

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