November • December 2021 27 forensics, disaster recovery and continuity, and even ransomware negotiation must be approved by your cyber insurance carrier before they will pay out for services rendered in a crisis. It’s good to have that list well in advance of an incident (preferably printed out somewhere in your IRP or DRP with your other contacts) so that you can quickly reach the right people, even if your systems are offline. Cyber insurance, as with many things in the information security realm, is growing more complex. But with a bit of planning, you can stay ahead of the curve and keep your risk management strategy aligned with your business goals. Call me at 480.259.8280 Based in Phoenix, Ariz., serving Arizona and Colorado Tracy Peterson Together, let ’s make it happen. Commercial & ag participation loans Bank stock & ownership loans Bank building financing Business & personal loans for bankers We do not reparticipate any loans. Leverage our large lending capacity, up to $20 million on correspondent loans. Our lending limits are high enough to accommodate what you need, when you need it. Why choose Bell as your bank’s lending partner? Member FDIC 32150 For those of you nearing a renewal period, you should be aware that there are some pretty substantial changes coming your way, as this will most likely not be a simple “rinse and repeat” extension. If you have access to a legal team, now will be the time to use some of those hours to ensure you don’t miss some important and costly details of the contract.