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Could cyber risk be the next “Big Short”?
Manage episode 233256394 series 2342257
A cyberattack has the potential to disrupt the global economy, but using traditional underwriting and risk management approaches may leave insurers and businesses vulnerable to large financial losses. In this episode, Milliman’s Chris Harner and Chris Beck discuss how a cyberattack could create a scenario similar to 2008’s financial crisis, and the need for a new risk management paradigm that not only takes into account the interconnectedness of the risk, but provides a way for businesses to measure their exposure and prepare for it.
You can read the episode transcript on our website.
55 episodes
Manage episode 233256394 series 2342257
A cyberattack has the potential to disrupt the global economy, but using traditional underwriting and risk management approaches may leave insurers and businesses vulnerable to large financial losses. In this episode, Milliman’s Chris Harner and Chris Beck discuss how a cyberattack could create a scenario similar to 2008’s financial crisis, and the need for a new risk management paradigm that not only takes into account the interconnectedness of the risk, but provides a way for businesses to measure their exposure and prepare for it.
You can read the episode transcript on our website.
55 episodes
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