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Risk in Context Podcast: Managing evolving cybersecurity risks

Cyber risk has become pervasive. And this requires organizations to focus on strengthening their cyber resilience and making strategic decisions on managing their cyber risk.

08/28/2022 · 2 minute read

Cyber risk has become pervasive. And this requires organizations to focus on strengthening their cyber resilience and making strategic decisions on managing their cyber risk.

In this episode of Risk in Context, Allison Pan, senior vice president within Marsh Advisory’s Emerging Risks Group, and other experts, including Jim DeMarco, director of industry digital strategy for insurance at Microsoft, discuss findings and best practices from The State of Cyber Resilience report — a collaboration between Marsh and Microsoft.

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Key takeaways

Continuous monitoring remains critical

Cyber threats are a moving target that need to be continuously monitored for businesses to retain and improve their cybersecurity.

Achieving cyber resilience requires a team effort

Multiple parties, both within and outside an organization, need to coordinate their efforts to improve cybersecurity and allow for rapid recovery in case of a breach.

Skills shortage affecting cybersecurity

Companies’ ability to effectively staff all levels of cybersecurity positions will affect their ability to secure their organization.

About our speakers

Allison Pan

Allison (Allie) Pan

Senior Vice President, Emerging Risks, Marsh Advisory

  • United States

As a Senior Vice President with Marsh Advisory, Allie Pan is responsible for helping clients understand their strategic risks, especially in nascent and complex peril classes such as cyber, climate, violent threats, and supply and value chains. Allie specializes in the ways in which peril classes converge or are interdependent. This enables her clients to assess their risks in gray areas that are difficult to capture in traditional risk analysis.

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Jim DeMarco

Director of Industry Digital Strategy for Insurance, Microsoft

Jim DeMarco is Microsoft’s director of industry digital strategy for insurance. As a leader in the financial services digital strategy team, he works with the executive leadership of Microsoft’s top insurance customers to develop deep, enduring digital partnerships that can transform the sector.

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