Cyber Insurance Pricing Underwriting Risk Modelling and Reserving
This session will focus on differing approaches to pricing underwriting modelling and reserving of cyber risk. Hacking attempts occur daily at a rapid fire pace. The impact of cybercrime is expected to reach 6 trillion dollars by 2021 with current spending paling in comparison at approximately 96.3 billion dollars and the threat of systemic cyber risk like cloud service failure could cost society billions.
One government agency who was later breached said that they see greater than 10 million attempts per month.
Cyber attackers are becoming more sophisticated and new vulnerabilities continue to emerge. Insurance carriers must do the same and develop new approaches for understanding the likelihood and impact of cyber risk.
Register for International Cyber Risk Management Conference Bermuda 6th to 7th December 2018
If you are interested in transferring part of cyber risk to insurance provider or a provider of cyber risk transfer process you need to register for this conference.
- Register by 30th September to save $300
- Register using code RISKTV to save an extra 10 percent
- Register today via the button below quickly and easily
Click on the button below to register for the International Cyber Risk Management Conference in Bermuda 6th to 7th December 2018