The Threatonomics Newsletter: Your Monthly Scoop of all things Cyber, across Risk, Security, and Insurance

With the endless cycle of cyber in the news, ever-adapting threat tactics, and an evolving digital landscape, CISOs, risk managers, and executives often find themselves sifting through an ocean of content to find the key takeaways that will actually improve their risk transfer and mitigation. Staying educated in the world of cyber can feel like yet another tedious task on top of the 1,000 other tasks on your to-do list. That's why Resilience is creating our monthly newsletter, a one-stop shop for the most relevant and impactful takeaways from a given month. Stay on top of the major trends in Cybersecurity, Risk Management, and Insurance in a single post!

Here are our top insights for the month of March 2023:?

?? Learn from the Experts - Insights for Cyber Resilience:

• Why You Should Care About Third-Party Risk in a Recession. Third-Party Risk can be difficult to manage. But it is an even BIGGER threat during a Recession.?Learn what you can do to ensure your organization thrives during an economic slowdown.
• The Rise of the Cyber Resilient Leader. The Cyber Resilient Leader is a role for modern organizations that need to navigate digital opportunity and loss while under duress. Read about the set of foundational principles and operating practices risk and cybersecurity leaders can use to make better trade-offs that will help their organizations become cyber resilient.
• Continuous Engagement: How to Build A Resilient Partnership With Insureds. The lack of information on cyber risk has made underwriting a strict and transactional process, where insureds find themselves severely limited by their breach record and industry, preventing them from getting the cyber coverage they need. Learn how we're able to insure the traditionally "uninsurable" in this blog post.
• Building a Defensible Budget: Making the CFO Your Best Advocate. For cybersecurity leaders to be successful in today's business landscape, you'll need to submit your budgets in the financial and economic terms of the "The Money People" - i.e., your CFOs. Learn how to speak their language and get them to approve your budgetary decisions.

?? ICYMI - What's New in #Cybersecurity and #Insurance:

• [FTC] Chatbots, Deepfakes, and Voice Clones: AI Deception for Sale
• [Mandiant] Move, Patch, Get Out the Way: 2022 Zero-Day Exploitation Continues at an Elevated Pace
• [Google] 5 Tips on How Leaders Can Manage Risk with Cyber Insurance
• [Leader's Edge] Systemic Threat Landscape

?? Resilience in the News - Commentary on Industry Trends:

• [Risk & Insurance] Weaknesses in Your Cyber-Attack Resilience Plans? Our VP of Risk Engineering and Security Services, Travis Wong, shares the tabletop exercises we recommend to our clients to assess how quickly they can recover from a threat, prepare them for a real-life incident, and strengthen their incident response plans.
• [Safeguard Cyber] Quantifying Cyber Risk with Richard Seiersen. CISOs must be prepared to comply with tightening requirements from the SEC and the continuously evolving cyber threat landscape. So who better to learn from than our Chief Risk Officer, Richard Seiersen, author of the bestseller on this topic?
• [Cybersecurity Intelligence] Rising Cybercrime Means SMEs Should Seek Cyber Insurance. While the economy has slowed, cybercrime hasn't. So, how do you minimize cyber risk on a reduced budget? Hear from our Senior Risk Engineer, Simon West, on what you can do for your organization to increase its cyber resilience.
• [CSQ] How Enterprises Can Thrive in a Fractured Online Ecosystem. As a former active-duty military cyber officer and now a business leader responsible for the digital risk of hundreds of enterprises, our CEO, Vishaal 'V8' Hariprasad has learned a few things that can be applied to all companies looking to manage their cyber risk better. Read his key takeaways via CSQ.

Glad you made it to the end. If you liked it, please subscribe and follow our Page for more thought leadership, including informative weekly short videos and blog content, to help you build #CyberResilience! ??

P.S. We hope this newsletter is as insightful as it is enjoyable to read - let us know how we can make it better for you. Leave your suggestions in the comments section below.