Cyber, Property Risks Not Easily Separated: Security Expert

The property/casualty insurance industry must change its approach to cyber security and update its coverage approach to help minimize risks, according to a network security expert.
“I don’t think we can easily separate cyber risk and property/casualty risk anymore,” FireEye Inc. Chief Technology Officer Grady Summers said during the 2015 Property Casualty Insurers Association of America (PCI) conference in Hollywood, Fla. “There is a lot of room for improvement.”