Cyber Insurance Backstop Needed, Urges Zurich Insurance and Marsh
Cyber Insurance Imperative
Cyber insurance has become a crucial topic as prominent companies like Zurich Insurance and Marsh urge governments to consider providing state support. In their recent report, they emphasize the limitations in current cyber risk management frameworks that can lead to substantial losses for businesses.
Urgent Call to Action
With cyber attacks on the rise, the necessity for a robust cyber insurance framework has never been more evident. This movement seeks to create a safety net that empowers companies and ensures their resilience against prevalent digital threats.
- Increased Government Support
- Comprehensive Risk Mitigation
- Industry-Wide Collaboration
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.