Preparing for the inevitable
When it comes to cyber risks, many companies are likely to face an attack, but not all will be victims
Preparing for the inevitable
INSURANCE NEWS
17 Jul 2018

When it comes to cyber risks, many companies are likely to face an attack, but not all will be victims

Cyber attacks are becoming close to sure thing: In the past year alone, one in every three companies surveyed by Willis Towers Watson weathered a cyber incident that had an effect on or threatened operations, financials and reputations. Expectations are high that there are more such events to come.

High levels of cyber resiliency mean an organisation can quickly respond to an incident, address vulnerabilities and apply lessons for the future. Many executives are confident in their company’s cyber resilience; however, many conceded that they’re falling behind in attracting talent skilled in cybersecurity. Many also said they lack the ability to drive their workforce to be more cyber-savvy. The combination of these two issues indicates a need for change on the human side of cyber resilience.





Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB AU.