NetDiligence®

Cyber Risk & PrivacyLiability Forum October 8-9, 2014

The Cloud:Insurance aggregation, cloud contracts and technology

Speakers

Oliver Brewmoderator

SeniorVice President

LIU

New York, NY

Vinny Sakore

CloudSecurity Services

ISCA Labs

Mechanicsburg, PA

Dawn Simmons

AssistantVice President

Crum & Forster

New York, NY

Winston Krone

Managing Director

Kivu Consulting

San Francisco, CA

Tom Turner

ExecutiveVice President

Bitsight Technologies

Cambridge, MA

Kurt Hagerman

CISO

FireHost

Dallas, TX

Celebrity Naked Photos

Agenda

• Definitions

• Why such a big deal?

• Aggregation. What aggregation?

• Fear and loathing of contractual obligations

• It’s everywhere. Get used to it.

Agenda

Definitions

Growth in public cloud services: Forrester Research

• 25% - 30% CAGR 2015 – 2020

• Estimated global market size:

• 2011: US$80 Bn

• 2014: US$150 Bn

• 2018: US$205 Bn

Growth in numbers

Aggregation issues?

• Cloud security vs in-house security

• Fulfilling market need: low cost and high security?

• Shadow IT

• So, about that iCloud breach…

Is my data safe?

• Contractual flexibility?

• Customer expectations

• Mobile devices: always connected

Cloud: just another vendor?

Questions?