Designing a Cyber Catastrophe

Darren Thomson, Head of Cyber Security Strategy, and Laurel Di Silvestro, Principal Client Services Manager, share what they have learned during the collective years of experience derived through the building of scenarios,

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The creation of risk scenarios is one of the most important, complex and (for many) interesting aspects of risk management in the insurance sector. As a means of “stress testing” insurance portfolios and markets, the method is certainly not perfect.

In cyber insurance, in particular, rapid change is coupled with a relatively young industry that businesses and criminals alike are keen to embrace in order to derive advantage. This creates both opportunity and risk for insurers...

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