VisibleRisk appoints three new executives to its leadership team

VisibleRisk announced the appointment of three new executives to its leadership team. Scott Schneider has joined the company as Chief Revenue Officer, Liesl Geier has joined as Chief Marketing Officer, and Stephanie Snyder Frenier has joined as VP of I… Continue reading VisibleRisk appoints three new executives to its leadership team

Why are cyber insurers incentivizing clients to invest in specific vendors?

The cyber insurance industry is taking baby steps away from a long and messy infancy. For the hundreds of companies that offer policies, toddlerhood is here, and it means exerting more influence over how clients protect their networks and information. For years, headlines have fixated on how big firms like AIG and Zurich have been locked in legal disputes over specific claims, but insurers are now trying to be more proactive with customers. The smartest approach for everyone, they say, is to prevent breaches from happening in the first place. Key to that, and saving money, is trying to identify the products that are most effective. Marsh, the global insurance broker and risk adviser, last month published its first list of Cyber Catalyst-designated products, a tag given to 17 services that a group of insurance firms say its clients should consider, including offerings like FireEye’s Endpoint tool and CrowdStrike penetration testing service. Insurers for years have assessed security products, […]

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How organizations view and manage cyber risk

Amid a wider range of issues to handle, a majority of board members and senior executives responsible for their organization’s cyber risk management had less than a day in the last year to spend focused on cyber risk issues, the 2019 Marsh Microsoft Gl… Continue reading How organizations view and manage cyber risk

Cyber attacks ranked as top risk in Europe, North America, East Asia and the Pacific

There are significant differences in risk perceptions across the eight regions covered in the World Economic Forum’s Regional Risks for Doing Business report. Over 12,000 executives highlighted concerns ranging from economic to political, societal and … Continue reading Cyber attacks ranked as top risk in Europe, North America, East Asia and the Pacific

Global cyber risk perception: Highest management priorities

Few organizations are highly confident in their ability to manage the risk of a cyber-attack, despite viewing cybersecurity as a top risk management priority, according to a survey conducted by Marsh and Microsoft. Cybersecurity confidence In the globa… Continue reading Global cyber risk perception: Highest management priorities

As GDPR implementation date approaches, cyber risk gets more attention

The upcoming implementation of the European Union’s General Data Protection Regulation (GDPR), which takes effect in May 2018, has elevated cyber risk to the top of the corporate agenda for organizations doing business in Europe. In a new global Marsh survey of over 1,300 senior executives, 65% of respondents whose organizations offer products or services in the EU said that they now consider cyber as a top risk. In a similar survey Marsh conducted in … More Continue reading As GDPR implementation date approaches, cyber risk gets more attention