cyber attacks

You cannot put all your money into cyber risk prevention but must invest in resilience, Augusto Perez Arbizu, Director of Corporate Risk and Insurance, Telefonica, and President of IGREA, told the OECD-Marsh conference on cyber insurance taking place yesterday and today in Paris.
With today’s economic and political uncertainties, companies need to have appropriate tools to support their strategy. According to FERMA President, Jo Willaert, risk management should be seen as one of the pillars of this strategy.
The latest cyber attack illustrates that the management of cyber risks should be an enterprise-wide project directed from board level within a sound governance framework...