CrowdStrike and Cyber Coverage
About
In July 2024, the American cybersecurity company CrowdStrike distributed a defective update to its security software, causing widespread problems with Microsoft Windows computers and roughly 8.5 million system crashes. It became one of the largest outages in the history of information technology and a significant test for cyber insurance underwriters, as the outage affected many industries including airlines, banks, hospitals, manufacturing and more. Join us for a webinar featuring a moderated discussion and high-level overview of common coverages that make up a cyber program. The panel will then dive into the CrowdStrike incident and how it impacted business interruption coverage, as well as: • How to deal with incidents like the CrowdStrike outage • Types of claims received in similar incidents • Common coverages tied to cyber • The insurance perspective on Crowdstrike • How various aspects of the insurance ecosystem (carrier, broker, and forensic accounting) respond to this type of incident

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Format
Webinar
Category
Industry > Technology > Cybersecurity
Industry > Issues
Industry > Functional Areas > Claims
Duration
60 mins
Published Date
2/25/2025