Total disconnect between Fortune 500 companies and what insurers think they need to provide

As web-first rapidly becomes the norm for today’s businesses, a new bogeyman is lurking: cybersecurity. With IT systems no longer an adjunct but the central pillar of most organisations, cyberattacks have come to represent an existential threat. Also in this article, we'll see how carriers make their profits and the multiple factors it depends on. No less serious is the risk to the vast repositories of customer data that today’s businesses sit on top of, which have grown far faster than security architectures can keep pace with.According to PwC’s 19th annual CEO survey, 61% of CEOs are concerned about cybersecurity, with everything from phishing to Denial- Of- Service attacks on the rise.

Alexander Cherry

Alexander Cherry, Head of Research & Content at Insurance Nexus.