Every day the reports of cyber attacks become more alarming.
According to a federal employee union, as reported by AP, on June 11 the recent cyber attack of Office of Personnel Management data gave the hackers access to personal identifiable information about every government employee. No one can be sure what’s next, but one thing is for sure: risk managers have to be prepared for a cyber incident sooner rather than later.
To assess risk management strategies among its members, RIMS conducted its first cyber survey, asking about insurance investments, exposures, cyber security ownership and government involvement, as well as identification methods and response procedures.
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
