CHICAGO – Insurers need to understand the realities of cyber risk, why the risk has expanded so dramatically in recent years, and why no organization can ever be fully protected, according to Adam Tyler, chief innovation officer with CSID, now a part of Experian Partner Solutions, speaking during the keynote speech at Advisen’s Cyber Risk Insights Conference.
The insurance industry needs to know the “reality of the situation you’re facing,” Tyler told the audience here in Chicago. “You need to know the reality of the premiums and policies you’re writing.”
The Dark Web isn’t well understood, he explained, and news reports usually feature cyberattacks as stunningly complex.
Read more at http://www.advisenltd.com/2017/05/18/security-expert-warns-insurers-realities-cyber-risk/
Erin Ayers, Security expert warns insurers on the realities of cyber risk (May 18, 2017), available with subscription at Advisen Cyber Front Page News.
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