Cyber Insurance 101: Staying Ahead in an Ever-Changing Digital World Part 1

Businesses are increasingly collecting and retaining data, and they have a public responsibility and legal obligation to safeguard this data. Overwhelming incident response costs and confusing legislative requirements make it difficult for businesses to overcome the fallout of a privacy breach without the assistance of a trusted cyber insurance broker and market. Parts 1 and 2 of this informational session will focus on the aspects of your business that are vulnerable to a cyber attack, best practices to manage and mitigate this risk, what is covered under a comprehensive, standalone cyber policy, as well as tailored claims scenarios and breach response guidelines.

Event details: 

Date: May 21, 2025
Time: 12:00 – 1:00 p.m.
Via Zoom – Register here

What we’ll cover:

• Cyber Exposures: How network and process vulnerabilities create exposures for businesses and the common ways in which cyber criminals exploit these vulnerabilities.
• Best Practices: Key cyber security best practices and response plans to consider implementing.
• Cyber Insurance Coverage: A review of what is covered and not covered by a comprehensive, standalone cyber insurance policy.
• Claims Scenarios: Exploring past cyber claims tailored to SMEs and how best to react in the event a privacy breach occurs.

Why this matters:

Nearly three-quarters of small and mid-sized businesses reported a cyber attack in the past year, highlighting the need for further education and insurance peace of mind to help alleviate the concern of the impact a costly privacy breach can have on a business’s operations and finances.

About the Speakers

Kevin Miske is a Chemical Engineering graduate of the University of Alberta turned Chartered Insurance Professional with a keen focus on cyber insurance. Currently serving as the Cyber Risk Advisor for MHK Insurance in Edmonton, he specializes in cyber insurance marketing, coverage and advocacy and is passionate about educating organizations on how best to protect themselves from modern cyber threats. As an expert in all things cyber insurance, Kevin has produced and delivered countless webinars and presentations on the topics of network security exposures, cyber insurance coverage, and best practices for SMEs to ensure businesses are well-prepared and stay ahead in an evolving digital world.

Michael Gaba brings 15 years of experience in the insurance industry, with a career uniquely balanced between insurers and brokerages. This dual perspective has given Michael a deep understanding of the needs of underwriters, brokerages, and clients, including the technical mechanics of insurance along with the administrative requirements. Michael holds a Bachelor’s degree in Psychology from the University of Manitoba and pursued advanced studies in Industrial-Organizational Psychology at the master’s level. His career began with a focus on construction, retail, and automotive insurance, which he honed before advancing to manage the business development for Western Canada for a Canadian national insurer. Now at MHK, Michael looks forward to a long and impactful career of connecting people and driving growth.

Part 2: June 18, 2025