Spreading And Sharing The Risk
Michael Gaudet
S4x24 - ICS Security Conference · Day 3 · Main Stage
In his S4 conference talk, "Spreading And Sharing The Risk," Michael Gaudet, a seasoned cyber broker specializing in energy and power organizations, delves into the intricate world of cyber insurance and its critical intersection with Operational Technology (OT) security. Gaudet, with three decades in the insurance business and 12 years focused on cyber risk for critical infrastructure, aims to demystify the complexities of risk transfer for OT professionals. The core premise of his presentation is to foster a crucial collaboration between OT security experts and the cyber insurance marketplace, arguing that a deeper mutual understanding is essential for enhancing the resilience of vital energy and power systems.
AI review
Dr. Gaudet's talk on cyber insurance for OT is a crucial intervention, cutting through the typical FUD and misinformation surrounding risk transfer in critical infrastructure. As a seasoned cyber broker for energy and power, Gaudet provides rare, invaluable insider signal on a highly specialized market often misunderstood by OT professionals. He clearly articulates why dedicated cyber policies are different from general property insurance, dismantling common skepticism with concrete data and direct experience. This session is a call to action for OT teams to strategically engage with…