
risk in context
WannaCry Ransomware Crisis – Lessons Following the Tears
On Friday, May 12, 2017, a ransomware dubbed “WannaCry” claimed hundreds of thousands of victims in at least 150 countries.
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XAs threats of data security breaches proliferate, it takes a cyber risk expert to pinpoint your vulnerabilities and help you develop an effective cyber strategy for your organisation.
Cyber security and information protection can be challenging for companies of all sizes. Hackers are not the only threat – today’s businesses rely on the internet for services such as online marketing, administrative functions, inventory management, credit card processing, and distribution controls. Any intrusion that disrupts delivery of these services can lead to brand and reputation damage, regulatory scrutiny, stakeholder dissatisfaction, and financial losses.
Marsh can help. We offer a range of risk management and risk transfer solutions that will enable you to assess, manage, and respond effectively to the cyber threats that your organisation faces.
We are regularly asked to contribute our expertise through participation at conferences and through thought leadership. We’ve developed proprietary innovations such as Marsh Cyber Gap, which delivers cover for property damage losses resulting from the hacking of industrial control systems – losses which might otherwise be excluded in the property insurance market. And we constantly evolve with the market – and with your own industry – leveraging our team of cyber experts and noted industry leaders.
For you, Marsh’s cyber leadership means gaining a strategy that is multidimensional and holistic, and that accounts for the entire enterprise: operations, compliance, legal, finance, communications, and the board of directors. We’ll define your risks and design an effective cyber risk management programme to help protect your company.