The threat environment faced by U.S. businesses is a scary one, with 237 million personal records breached in 2015 alone, according to Anthony Dagostino, executive vice president and FINEX cyber leader at Willis Towers Watson.

Dagostino moderated the "Managing Your Organization's Cyber Risk: Decoding Cyber Threats and Insurance for All Industries" panel discussion Tuesday at ALM's cyberSecure conference.

Panelists Craig Hoffman, risk manager for Wakefern Food Corp.; Ronald N. Sarian, vice president and general counsel of eHarmony; and Greg Vernaci, senior vice president and head of Cyber for U.S. and Canada financial lines at American International Group Inc. talked about the current cyber threat environment and the role of cyber liability insurance in addressing industry-specific risk exposures.

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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].

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