Risk managers can and should participate more actively in managing cyber risks to better protect their organizations from financial damage and elevate the contribution of risk management to resilience.
That was the headline takeaway from a recent Outsmarting Uncertainty webinar led by WTW cyber risk management and risk analytics experts.
In this insight, we recap the key perspectives from the session, including:
As cyber threats become more prolific and sophisticated, especially as new technology like AI and quantum computing become available, your organization is under pressure to continuously update and strengthen its cybersecurity infrastructure.
But regardless of how threats change, risk managers can refer back to the same four-step core framework to address cyber risks.
Core steps to identify and quantify cyber risk
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01
Identify what really matters to your business
For example, your business continuity,…
