(Reuters) — Cybersecurity has emerged as the most pressing exposure for business confronting a new “age of risk,” topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, the head of insurance broker and consulting firm Marsh & McLennan Cos. Inc. said Monday.
“For most large multinational companies, cyber may not have been their largest exposure pre-COVID, but it's certainly their biggest exposure now," CEO Dan Glaser said at the Reuters Events Future of Insurance USA conference. “Think about the ability to service clients if, for example, the system went down.”
Cyber risk also is difficult for companies to deal with conclusively. read more here