INSURERS UIRGED TO RADICALLY CHANGE APPROACH TO CYBER AND CHANGE FOCUS TO RISK NOT LINE OF BUSINESS

Insurers must rethink their approach to cyber risk insurance according to a new research report by KPMG which warns that the industry is currently lacking innovative solutions and is ‘playing catch-up’ with the pace of cyber threats.
The report also stresses that the scale and scope of cyber risk will have a huge effect on the Insurance industry driving fundamental changes.insurance keyboardinsurance keyboard

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