Cyber Warfare Keeps Insurance Execs Awake at Night

In addition to a global pandemic and major natural catastrophe, global insurance executives ranked cyber warfare among the extreme risks that could rattle the industry in a new survey by Towers Watson (TW).

The inclusion of cyber warfare ahead of more traditional worries like a banking crisis and an economic depression highlights the increased awareness and level of concern in the corporate world of cyber issues.

“Much as we would have expected pandemics and natural catastrophes to figure prominently in insurers’ extreme risk thinking, the high rankings of concerns such as cyber-warfare and a major data compromise in the cloud (user-submitted idea) illustrate how the industry is keeping up to date with risk assessment,” Stephen Lowe, senior consultant of risk consulting and software at Towers Watson, said in a statement.

via Cyber Warfare Keeps Insurance Execs Awake at Night | Fox Business.

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Journal of Law & Cyber Warfare | www.jlcw.org The Journal of Law & Cyber Warfare provides a public peer-reviewed law publication to foster open discussion and education of technology, government and legal stakeholder in relation to the complex issue of cyber warfare.  Journal of Law & Cyber Warfare accepts articles written by military, technology, judges, government officials, academic and legal practitioners.  The Journal of Law & Cyber Warfare provides a public peer-reviewed law publication to foster open discussion and education of technology, government and legal stakeholder in relation to the complex issue of cyber warfare.  Journal of Law & Cyber Warfare accepts articles written by military, technology, judges, government officials, academic and legal practitioners. The Journal of Law & Cyber Warfare is honored by the world class caliber editorial board that is involved with the Journal. Thought leaders from forensics, law, warfare, and cyber security are on the Board. The Journal is always looking for interested thought leaders who believe they can contribute in a meaningful fashion to the development of Cyber warfare scholarship.