Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.   In anticipation of Data Privacy week (January 25th‒28th, 2023), Justin Smulison is joined by Fred E. Karlinsky and Travis Wong to discuss all things cybersecurity and data privacy.   Joining in the first half of the podcast is Fred E. Karlinsky, a shareholder and Co-Chair of the Insurance Regulatory & Transactions Practice at the Florida law firm, Greenberg Traurig. Fred is also a member of the RIMS External Affairs Committee and will be one of the panelists joining the RIMS External Affairs webinar on January 5th titled, “How Cyber Insurance is Shaping the Insurance Industry.” In his conversation with Justin Smulison, he provides an overview of the webinar and discusses how cyber and risk management trends are overlapping this year and in 2023.   Travis Wong, the VP of Risk Engineering and Security Services at Resilience Insurance, joins the podcast in the second half to offer a deeper perspective on data privacy topics against the backdrop of current events. He lends his expertise on cyber security trends, the FTX collapse, and organizations that are at risk for data breaches, and shares his advice on what organizations can do to better protect their remote employees.   Key Takeaways: [:01] About the RIMS Membership. [:14] Registration for RISKWORLD 2023 is now open! [:33] About RIMScast. [:50] About today’s episode! [1:00] All about upcoming RIMS webinars, workshops, events, and more! [1:53] About “RIMS Letter to Federal Insurance Office Supports the Development of a Cyber Insurance Backstop.” [2:27] Justin introduces today’s first guest, Fred E. Karlinsky. [3:11] Justin welcomes Fred to the podcast. [3:36] What can risk managers learn from the FTX collapse? [4:50] What “RIMS Letter to Federal Insurance Office Supports the Development of a Cyber Insurance Backstop” details and why it is important. [6:15] Fred shares some updates from the RIMS External Affairs Committee. [8:03] What to expect from RIMS External Affairs’ upcoming webinar, “How Cyber Insurance is Shaping the Insurance Industry.” [10:27] Justin thanks Fred for joining the podcast! [11:15] RIMS Plug time! All about upcoming workshops and webinars. [12:10] One Hot Minute with Scott Fenstermaker to discuss the upcoming webinar: “Royal Caribbean Group Creatively Uses RMIS to Boost Wellness.” [14:31] Justin introduces and welcomes Travis Wong to the podcast! [15:19] About Travis’ career and his role as VP of Risk Engineering and Security Services. [15:48] Trends in cyber security and privacy breaches that Travis has witnessed in 2021‒22. [17:11] The industries that threat actors mainly target. [18:34] Has the FTX collapse changed the way that threat actors view crypto? [19:50] How did public or private organizations demonstrate cyber resiliency in 2022? [22:04] How can businesses ensure that they have formal and efficient processes in place to comply with CCPA and GDPR transparency requests? [24:40] Travis’ tips and advice for organizations on protecting remote employees. [28:08] Justin thanks his guests for joining the podcast and shares some links to check in today’s show notes.   Mentioned in this Episode: RIMS Letter to Federal Insurance Office Supports the Development of a Cyber Insurance Backstop From Risk Management Magazine: “Insurance Coverage For Jackware Attacks,” by Daniel J. Healy & Robert M. Horkovich “Preparing for New U.S. Data Privacy Laws,” by Ben Richmond “4 Principles to Improve Your Data Privacy Program,” by Ray Pathak RIMS Events, Education, and Services: RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Member registration is now open! RIMS Risk Maturity Model RIMS Events App Apple | Google Play NEW FOR MEMBERS! RIMS Mobile App RIMS Buyers Guide Contribute to RIMS Risk Management magazine Dan Kugler Risk Manager on Campus Grant Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information.