When business leaders contemplate events that could pose a significant threat to the survival of their enterprises, they may initially consider natural disasters or economic downturns. Some might even highlight the global pandemic, given the lessons learned in recent years.
However, experts assert that cyberattacks should also be high on the list of a business’s foremost concerns. The financial consequences and ensuing disruption resulting from an attack can be equally as devastating as the impact of a wildfire or hurricane.
Carrie Campi, Senior Vice President for the North American Claims Group and Head of Professional Lines Claims at Allied World, remarked, “It’s a life-altering event for the individuals who have to grapple with it within that organization.”
Learn more here: https://riskandinsurance.com/cyberattacks-can-have-a-life-altering-impact-here-are-a-few-tips-for-managing-a-large-claim/