The Cost of an Incident
Amanda Draeger
ShmooCon XX (Final) · Day 1 · One Track Mind
In "The Cost of an Incident," Amanda Draeger, a Cyber Risk Engineer, dissects the multifaceted financial implications of cyber incidents, offering a critical perspective for security professionals struggling to justify investments to organizational leadership. Drawing from her unique vantage point within the cyber insurance industry, Draeger illuminates how incidents translate into tangible dollar figures, a language universally understood by business executives. The talk serves as a practical guide, empowering technical experts to articulate security risks not merely as abstract threats, but as concrete financial liabilities that can severely impact an organization's bottom line.
AI review
This talk provides a clear, no-nonsense breakdown of the true financial costs associated with cyber incidents, drawing insights directly from an insurance cyber risk engineer's perspective. It effectively translates complex security risks into tangible dollar figures, offering actionable strategies for security professionals to communicate value and secure investment from non-technical leadership. It's a pragmatic, real-world look at the financial aftermath of a breach.