Gerry Kennedy, CEO of Observatory Strategic Management, alongside Dino Busalachi, co-founder and CTO of Velta Technology, talk about the complex and evolving world of cybersecurity insurance. They unpack the nuances of IT and OT risk management, revealing how past incidents and technological advancements have shaped current practices. Their discussion traverses the history from Y2K to present-day cybersecurity challenges, highlighting the crucial role of insurance in mitigating these risks. As they discuss their professional experiences and expert insights, the conversation sheds light on the importance of understanding legal and insurance frameworks in protecting against cyber threats. This episode not only demystifies the intricate relationship between technology and insurance but also emphasizes the need for a holistic approach to cybersecurity, making it a must-listen for anyone looking to navigate the digital age safely. Chapters: 00:00:00 - Unveiling the Shadows: The Hidden Dangers Behind Kinetic Events00:01:04 - First Impressions: A Blizzard, A Hat, and The Cybersecurity Nexus00:02:00 - The Road Less Traveled: From Texting Bans to Cybersecurity Vanguard00:04:19 - From Y2K Fears to Today's Cyber Insurance: A Historical Perspective00:05:20 - Bridging Worlds: The Indispensable Roles of IT and OT in Securing the Digital Frontier00:08:47 - The Cyber Insurance Conundrum: Untangling the Web of IT and OT Risks00:13:08 - Beyond the Code: Legal Frameworks Shaping Cybersecurity's Future00:17:33 - Looking Ahead: The Interwoven Future of Insurance and Cybersecurity00:20:33 - The Underwriter's Lens: Enhancing Insurance with Cybersecurity Insights00:23:30 - A Call to Arms: The Imperative of Employee Awareness and OSHA's Emerging Role00:25:00 - The Unseen Liability: Navigating the Risks of Digital Premises00:28:45 - Fostering Unity: The Power of Community in Bolstering Cyber Resilience00:31:50 - The Bedrock of Business: Operational Technology's Critical Role in Cybersecurity00:32:28 - On the Horizon: The Evolving Interface of Cybersecurity and Operational Links And Resources: LinkedInObservatory Strategic Management CPO MagazineVelta TechnologyDino Busalachi on LinkedInJim Cook on LinkedInCraig Duckworth on LinkedIn Thanks so much for joining us this week. Want to subscribe to Industrial Cybersecurity Insider? Have some feedback you’d like to share? Connect with us on Spotify, Apple Podcasts, YouTube, and Google Podcasts to leave us...