Pic of Libety white paper

 

Quod Orbis  and Liberty Specialty Markets (LSM) have today released a White paper called

The future of cyber insurance: navigating risk with real-time data 

What you'll discover in our white paper

 Key points: 

  • Exploration of the role data can play to enhance understanding risk
  • Keynote facts from the paper explores the dilemma that material breaches rose 20.5% from 2020 to 2021
  • Predictions that over the next 2 years years, security executives expect further increases in attacks as nation-states and cybercriminals become more prolific
  • 61% of CEOs across all sectors are concerned about cyber threats, due to the increase in business costs and insurance premiums many businesses are questioning whether cyber insurance is financially viable.
  • Investigates how the corporate world needs better cyber security and affordably-priced cyber insurance supported by emerging new technology such as the Gartner recognised Continuous Controls Monitoring (CCM) platforms

    Matthew Hogg from Liberty Speciality markets comments in our latest press release comments 

    "Access to real-time intelligence through applications such as continuous controls monitoring, means we can more accurately profile the risk. Capturing real-time cyber data will allow insurers to model, interpret, and underwrite cyber risk at an individual level. This will provide long-term benefits for insureds.”