The changing risk landscape of cyber crime

At a time when barely a week goes by without cyber-related attacks or issues making headline news, the need for protection against such concerns is increasingly coming into focus. Over the past years cyber risk has evolved from the point where it was merely a sidenote on most risk managers’ radars to the position today, where it is often an active board-level concern, with true scrutiny into the exposure it could represent. In the middle of this changing risk landscape the insurance sector has responded by designing cyber cover to mitigate the losses resulting from various exposures. Although policies may ...