In this insightful first episode of a two-part series, Jeff Edwards and Matt Cullina, head of TransUnion’s Global Cyber Insurance Group, explore the evolving world of cyber insurance in the age of AI and digital threats.
Tracing Matt's career from history major to cyber insurance leader, they discuss the historical context of risk management and insurance, revealing how past events like the Great Fire of London shaped modern insurance practices, including the crucial development of cyber insurance.
The conversation delves into the etymology of key terms like "crisis" (a decision point) and "cyber" (from the Greek for steering, highlighting the need for human control), emphasizing how understanding these origins empowers individuals and businesses to navigate today's complex digital landscape. They examine the evolution of identity theft from simple scams to sophisticated cyber threats, the impact of data breach laws, and the dual role of AI in both enhancing security and creating new risks.
Matt underscores the importance of continuous education and adaptation to stay ahead of cyber criminals, highlighting that cyber risks are fundamentally people problems, not just technological ones.
Join Jeff and Matt as they discuss how we can responsibly steer the future of technology and effectively manage emerging threats. ------ Edited and Produced by Trustbridge Communications.