To balance the time-sensitive nature of the M&A process with the need to protect against acquiring a breach and destroying value, firms need to employ an efficient and repeatable cyber risk analysis strategy.
The U.S. financial system is complex and highly interconnected, making it very vulnerable to a cyberattack.
As cyber attacks occur with increasing severity and frequency, cyber risk has moved to the top of many organizations’ critical risk lists. Organizations are exploring new methods and actionable steps to assess and quantify cyber exposure.
The cyber insurance market is creating both challenges and opportunities for risk managers and insurers. Here are four critical questions all insurers must answer before offering cyber coverage.