Ep 10 - Managing cyber risk in recruitment

Talking Recruitment

Guest speakers: • Fiona Barker, Cyber Account Director, Marsh Commercial • Peter Stoll, Recruitment Division Director, Marsh Commercial Most recruiters hold tens or hundreds of thousands of pieces of personal, identifiable data on candidates and hirers, and transfer millions of pounds on a daily basis into candidates' accounts. So, any loss of data due to a cybercrime such as a ransomware attack, fraudulence impersonation or fund transfer fraud can leave recruiters particularly vulnerable to massive costs of reinstating data, system reinstatements, loss of revenue, risk of fine with the ICO and the like. When it comes to cybercrime, there is a huge gap in knowledge on how to react to an event of cybercrime, dealing with data breaches, knowing the potential cost of a cyber-attack, and more. In our latest episode of the Talking Recruitment podcast, we're joined by cyber security experts Fiona Barker and Peter Stoll from Marsh Commercial to share their intel around: • What are recruiters worried about in terms of cyber security? • The current state of the cyber risk/ insurance landscape • Why the recruitment sector is particularly high risk? • What minimum security requirements are needed by insurers? • What recruiters can do to help reduce their risk? Find out more about Marsh Commercial here: https://www.marshcommercial.co.uk/rec/