InsurTech Futures: Mind the gap — cyber security
Alexandra Foster, head of insurance and strategy, global banking and financial markets, BT, explains why cyber is a huge opportunity.
The problem of cyber crime is ubiquitous and the need to build resilient defences is common to every organisation in any industry. Insurance brokers are no more or less vulnerable than any other sector. However, what differentiates the insurance industry as a whole is that the growth of cyber crime is a commercial opportunity.
It's fair to say that cyber attacks are growing in intensity, frequency and scale. And thanks to a stream of high profile stories about hacking and data loss at some of
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