Alex Ricardo, privacy-breach response manager at Beazley provided some background leading up to his presentation at the CU Times' virtual cybersecurity conference Sept. 7.
The virtual conference, Defending Your Credit Union Against Data Breaches, provides vital help in understanding and defending against evolving external and internal security threats.
"Beazley is a specialist insurer and the pioneer of breach response insurance," Ricardo said. Beazley, which provides an 11-year background of experience in managing over 4,100 privacy/data breach incidents, not only provides risk transfer options for credit unions dealing with third- party liability, but also helps clients stay defensible from privacy/data breach incidents. Ricardo added Beazley aids within the assessment, investigation and response phases. "It is in these phases, are where most of the liability exists for an organization. A data breach is not always a disaster. Mishandling it is."
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
