<p>When a single virus can wipe out computers worldwide in 24 hours, who picks up the pieces? </p><p><br></p><p>Meena Wahi, Australia&#39;s first cyber insurance broker and founder of Cyber &amp; Data Risk Managers, reveals how the cyber insurance landscape has evolved since 2013—and where it&#39;s headed next. From the CrowdStrike outage that shocked boards worldwide to the fragmented nature of supply chain risk, Meena breaks down why cyber resilience isn&#39;t just a buzzword and how specialist insurers are winning the market share battle. She shares eye-opening insights from ASX 200 boardrooms, explains why Australian regulators might be too &quot;benign,&quot; and predicts the convergence of cybersecurity and insurance. Whether you&#39;re a startup founder wondering if cyber insurance is worth it or a director trying to understand your organization&#39;s risk exposure, this conversation demystifies one of the fastest-evolving sectors in insurance. Host Nigel Fellowes-Freaman asks the questions everyone wants answered but few dare to ask.</p><p><br>Timestamps</p><p>• 00:00 - Introduction to cyber insurance and today&#39;s guest</p><p>• 02:15 - Meena&#39;s background: MBA at Monash, consulting at Pricewaterhouse</p><p>• 03:15 - The origin story: Researching privacy legislation and discovering cyber insurance</p><p>• 04:05 - Getting invited to New York, meeting with AIG and Chubb</p><p>• 04:35 - Becoming Australia&#39;s first cyber insurance broker in 2013</p><p>• 05:30 - Evolution of the cyber insurance market over the past decade</p><p>• 06:20 - London market perspective: CFC&#39;s leadership and market share battles</p><p>• 07:45 - How cyber wording has evolved globally and locally</p><p>• 08:50 - The role of specialist MGAs: Emergence, CFC, Coalition</p><p>• 09:20 - Why only specialists will survive in cyber insurance</p><p>• 10:30 - The aggregated risk problem: 1,000 claims in one day scenario</p><p>• 11:45 - 2017 statistic: 4 billion data breaches and $500M in claims</p><p>• 12:30 - Key changes in cyber policy coverage and trends</p><p>• 13:45 - Supply chain risk has increased dramatically</p><p>• 14:30 - The fragmented nature of internet risk and liability ownership</p><p>• 16:05 - IT supply chain partners and contingent business interruption coverage</p><p>• 17:20 - CPS 230/234 impact on technology vendors and value chains</p><p>• 18:45 - How prudential standards are driving demand for cyber insurance</p><p>• 19:45 - Why Australian regulators are &#39;benign and friendly&#39; compared to the US</p><p>• 21:10 - Will increased regulatory oversight aid or hinder innovation?</p><p>• 22:15 - The board perspective: Generational gaps and skill matrix</p><p>• 23:15 - Key insights from ASX 200 AGMs and boardroom conversations</p><p>• 24:20 - The information flow problem: Board oversight vs operational reality</p><p>• 25:40 - What is cyber resilience? Breaking down the buzzword</p><p>• 27:00 - Cyber resilience as risk acceptance and resourcefulness</p><p>• 28:30 - Recovery timeframes: Hours vs months</p><p>• 29:10 - The CrowdStrike outage: What it revealed</p><p>• 29:45 - Outage vs cyber incident: Why definitions matter for coverage</p><p>• 30:45 - Are we prepared for the next global cyber incident?</p><p>• 31:30 - Educating startups and SMEs about cyber insurance</p><p>• 32:40 - The implementation challenge: Cybersecurity maturity levels</p><p>• 33:20 - Difference between education and training</p><p>• 34:00 - Affordability challenges for small businesses</p><p>• 34:45 - The underinsurance problem: $250K extensions on PI policies</p><p>• 35:30 - Future trends: Convergence of cybersecurity and insurance</p><p>• 36:10 - Warranty insurance from cybersecurity providers</p><p>• 36:45 - The need for better collaboration and feedback mechanisms</p><p>• 37:30 - Customization of cyber insurance policies</p><p>• 38:15 - Fun question: Unconventional insurance ideas</p><p>• 39:00 - The concept of subscription cyber insurance with bank accounts</p><p>• 39:50 - Final thoughts and wrap-up</p><p><br></p>