September 20th, 2017

Cyber Risk – Opportunities and Challenges

Posted at 1:30 AM ET

Here we review recent GC Capital Ideas posts on the opportunities and challenges cyber risk presents for the insurance industry.

Industry Must Develop Common Cyber Risk Currency: Data integrity and availability is as critical as data confidentiality; limited ability to quantify dependency is a major cyber inhibitor; and the challenge is to build a clearly differentiated cyber portfolio.

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Cyber Risk Pervades All Classes, But Creates Huge Industry Opportunity, Says Motta: Cyber risk likely will become the single most pervasive risk that society faces, maybe even more so than climate change, according to Joshua Motta, co-founder and CEO of Coalition.

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