systemic cyber risk

Cyber Risk Underestimation: Why Business Confidence Is Outpacing Cyber Reality

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Hubris has always been one of humanity’s most expensive traits. The generals who assumed the Maginot Line was impenetrable. The bankers who believed the 2008 housing market could only go up. The IT teams who thought air-gapped systems were safe right up until Stuxnet proved otherwise. Overconfidence in the face of complex, shifting threats is … Read more

Cyber Risk Pool Urgently Needed to Protect from Catastrophe

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Why a Cyber Risk Pool is Essential A newly released report from Lockton Re, “Cyber Risk Pools and Public-Private Partnerships: Time to Dive In?” highlights the urgent need for a cyber risk pool to mitigate the financial impact of large-scale cyberattacks. The report warns that existing insurance solutions are insufficient to handle systemic cyber threats, … Read more

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