Cyber

Quantum computing, in the wrong hands, could create a multitude of digital risks, including advanced cyberattacks -- a significant problem for the insurance industry.

The best place to start is by securing a well-known defensive weak point: privileged access that has administrator-level powers.

If we think of the insurance company as a home, it has similar types of vulnerabilities -- but smart use of APIs can cover them. 

Red Alert for Cyber Attacks. Plus, OCR plus AI opens new vistas; a low-tech approach to work automation; 4 P&C mega risks in 2022; and more.

In the face of all the grim predictions, remember that myriad tools can protect businesses against and mitigate the impact of cyber-related events.

Russian hackers may retaliate against companies and countries that have aided Ukraine -- and the rest of us may get caught up in the wash. 

The cyber risk landscape has always been in motion, but the rate of change has accelerated during the pandemic and will likely remain volatile.

If an organization does not have a well-thought-out incident response plan with trusted and tested backups in place, a cyber attack can be devastating.