AI, big data, blockchain, cloud and cognitive computing are just a few of the hottest developments in digital. Going beyond insurance to risk management and the new frontier of cyber defence with companies beginning to look at using distributed ledger technology, what are the new threats and vulnerabilities that companies have to be aware of to protect their businesses, customers and data from hacks, leaks and malware?
Many companies and individuals are not vested in protecting themselves, choosing to adopt a reactive approach rather than a proactive one. Meanwhile, data breaches, phishing attempts and ransomware attacks are ramping up. What are the risks and opportunities in underwriting such risks even with powerful encryption of data in today’s cyber risk environment? Is there a whole new world of opportunities out there?
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