crisis management

Assessing Cyber Risk
Insuranceciooutlook >> cxoinsights

Phil Norton, Vice Chairman, Midwest Region

Source, quantity and quality of data are the obvious keys to assessing or estimating risk. As the cyber claims world is quite new, the amount of data available is relatively sparse. At the turn of the century, statisticians relied on publicly...

Major Data Breaches Spur Cyber Insurance Market's Growth
Insuranceciooutlook >> cxoinsights

Robert Hartwig, President and Economist, The Insurance Information Institute

U.S. businesses are now spending more than $2 bn annually for cyber insurance policies as interest in this coverage has grown dramatically following numerous high profile data breaches. These breaches impacted millions of Americans, especially...

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