Kovrr: Industrial IoT Cyber Vulnerability URGENT/11 Could Cause Multi-Billion Dollar Losses
“As the volume of cyber attacks continues to grow, it’s important for (re)insurers to understand the potential impact that these emerging threats can have on their portfolios as soon as they are made known,” said Shalom Bublil, Chief Risk Officer of Kovrr. “The recent Capital One breach is a great example of the manner in which cyber risk could cause the insurance industry to suffer painful losses. The team at Kovrr is focused on helping underwriting and exposure management professionals make better decisions by delivering actionable data to support the quantification of potentially large and catastrophic cyber loss events.”