Are you worried about the state of the cyber insurance marketplace given the recent escalation in ransomware incidents?

1 Comment

  • Mamoun elbaghir - 3 years ago

    Somewhat worried is the acceptable answer and the accurate option because the the Cyber risk insurance is recently introduced to the insurance market with new area of insurance policies that following the introduction of the new sophisticated technology . Therefore the experience in this side is still poor and as well as minimizing risk approach is concern , by more practice and experience obtained by insurers and re - insurers in this new area may be capable to develop the required precautions to minimize the higher frequency of the number of claims or losses occurs related to Cyber risk such as Ransomware incidents.
    Regards.

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