Podcast

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.

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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, speaks with Jim DeMarco, director of industry digital strategy for insurance at Microsoft, and Faizal Janif, Marsh's head of cyber advisory for Asia-Pacific. They 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

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Allison (Allie) Pan

Senior Vice President, Emerging Risks, Marsh

As a senior vice president in the Emerging Risks Practice, 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.

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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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Faizal Janif

Head of Cyber Consulting, Marsh Advisory Asia-Pacific

Faizal Janif is Marsh Advisory’s head of cyber consulting for the Asia-Pacific region. He has in-depth knowledge of cybersecurity, allowing him to understand clients’ needs and help them improve their cyber preparedness.

Related insights

This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. LCPA: 22/394