The scale of recent attacks and resulting media attention, supervisory pressures to upgrade cyber risk management and the pace of technology innovation to keep up with are increasing rapidly. These factors are compelling financial institutions to have a clear understanding of the cyber risks they face, and to determine the level of cyber risk the institution is willing to accept.
This Oliver Wyman-authored article appears in the latest edition of the MMC Cyber Risk Handbook, (page 62) which contains Marsh & McLennan Companies’ perspectives on major developments, specific industry implications, and strategies to increase resilience.
