As the world digitises, the frequency, severity and sophistication of cyber incidents are increasing along with the dependency on technology.
Cyber criminals have already demonstrated their ability to disrupt supply chains for businesses around the world and cripple critical infrastructure, as with the recent Colonial Pipeline attack that shut down the fuel supply serving the southeastern United States.
Meanwhile, the steadily increasing adoption of cyber insurance means that more companies have protection, but that aggregate cyber risk is expanding for the insurance industry.
