In the latest episode of the On Aon podcast, cybersecurity expert Karrieann Couture, a Cyber and E&O Claims Leader at Aon joins host and Chief Broking Officer, at Aon, Matt Chmel to discuss the evolving landscape of cyber exposures and regulatory challenges. With Cyber risk changing as technology develops and new regulations like the Securities and Exchange Commission (SEC) disclosure laws coming into play, organizations face increasing pressure to protect their data.
Here are the central points covered in the podcast:
- The SEC’s new rules mandate prompt reporting of cybersecurity incidents and annual disclosure of cybersecurity governance. This transparency aims to empower investors to make informed decisions.
- Organizations should collaborate closely with legal and compliance advisors to ensure compliance with regulations. Building a culture of awareness and proactive risk management across the organization is crucial.
- Assessing and managing third-party cyber risk is essential, as organizations are often vulnerable to the cybersecurity practices of their vendors.
- While AI offers innovative solutions, it also introduces new risks. Organizations must carefully manage AI-related privacy concerns, data governance, and potential copyright infringement issues.
As cyber threats evolve, staying vigilant and adaptable is key to protecting against potential breaches and regulatory penalties. To learn how to comply with new regulations or discover strategies to manage AI-related risks, click here to listen to the full episode on the Aon podcast platform.
About the author:
