Over the past several years the demand for cyber insurance has grown, yet increases in the frequency and severity of ransomware and other cyberattacks have resulted in a more challenging environment to obtain coverage and manage risk. In this presentation, risk advisors, Stan Sterna of Aon and Garrett Fulton of CNA will discuss current cyber risk trends, the changing cyber insurance market, the types of coverage provided by a typical cyber insurance policy, as well as the control requirements that many carriers are now expecting of their insureds
Stan is Vice President and Accountants Risk Control Lead for Aon, the broker and national administrator for the AICPA Member Insurance Program. Stan has specialized in the defense of professionals for over 30 years. Since 1998, he has been exclusively involved in defending accountants and the accounting profession.
Stan serves as Claim and Risk Management Lead providing strategic quality control, coverage advocacy, claim/litigation management services and risk control advice for some of the country's largest accounting firms.
Stan is a frequent lecturer and published author on accountants’ risk. He is a past winner of the Florida State Society of CPAs’ "Excellence in Writing Award" as well as the Florida Magazine Association’s "Charlie Award" (the association’s highest honor) and has twice been selected to Accounting Today’s list of “The Top 100 Most Influential People in Accounting” - 2019 (People to Watch) and 2021 (Top 100).
Prior to working in the insurance industry, Stan was a practicing attorney specializing in the defense of professionals and a member of the Illinois and Federal bar. He is past Vice Chair of the Defense Research Institute (DRI) Professional Liability Committee's Accountants Specialized Litigation Group and the American Arbitration Association's Accountants Professional Liability Rules Committee.
Garrett Fulton is a cybersecurity specialist with 4 years’ experience in consulting and insurance, graduating from Purdue University in 2018 with a Bachelor’s of Science in Information Technology. Garrett specializes in secure network design, penetration testing, risk management and risk analysis. Garrett has spent his career working with Financial Institutions, Healthcare providers, and other highly regulated industries to provide technical expertise and recommendations to manage an ever changing threat landscape. Garrett received his CISSP certification in 2021