Alex Ricardo

Breach Response Services | Beazley Syndicate

Alex Ricardo

Data Breaches: Causes and Evolving Risks

10:00 a.m. - 11:00 a.m. | Breakout Session 1B

Session Abstract

In this session, we will provide insight into the latest causes and trends of data breaches from Beazley’s 6200+ incident-base since 2009.

We will look specifically into ransomware and why it has significantly escalated over the past two years, along with ways to better position your defensible strategy from this risk.

Learning Objectives

At the conclusion of this learning activity, participants will be able to:

  • Discuss the latest trends relating to data breaches
  • Describe the commonalities among cyberattacks and the spectrum of risk
  • Recognize regulators’ areas of concern in relation to data breaches
  • Review considerations when using third party vendor agreements
Alex Ricardo

Speaker Bio

Alex Ricardo serves the Technology, Media & Business Group at Beazley Syndicate, which partners with ISMIE Mutual to provide policyholders with cyber liability coverage. He is a Certified Information Privacy Professional (CIPP), which is a credential issued by the International Association of Privacy Professionals (IAPP). This designation demonstrates Alex’s breadth of knowledge on privacy principles, general privacy law and information security best practices throughout the United States and around the globe.

Alex is based in New York City and provides support and guidance to Beazley’s insured-base from both a breach preparedness and breach response prospective. He brings to Beazley an 18-year background of service to Fortune 500 corporations and government agencies, addressing information leakage prevention, data/ediscovery, messaging encryption and internal threat management.

Prior to joining Beazley, Alex worked with Kroll Incorporated, a leading global security and risk management company, where he was their privacy subject matter expert and Zone Leader for the Data Breach Services team. During his tenure at Kroll, Alex personally oversaw 250+ data breaches ranging from 1 to in excess of 30 million individuals, spanning a multitude of breach scenarios.

Alex’s background in risk management as well as the software industry, combined with his extensive knowledge of security threats and mitigation best practices, assures his clients a comprehensive problem-solving approach. His extensive experience provides Beazley clients with experience in managing risk assessments, complex crisis communication strategies, and data breach response.