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Cyber Risk Management Response and Recovery


With staggering economic losses, and the increasing frequency with which attacks occur, it’s no surprise that cyber insurance is increasingly being recognised as a critical tool to enhance cyber resilience. The Organisation of Economic Co-operation and Development (OECD) and other policymakers around the world are recommending actions to stimulate cyber insurance adoption.

Yet cyber insurance has relatively low take-up rates, as many directors and management teams are unsure how to assess its value, or what role insurance should play in their organisation’s larger risk management framework.

In the event of a debilitating attack, cyber insurance and associated services can limit an organisation’s financial losses and help accelerate its recovery. This report from Marsh & McLennan’s Global Risk Center and WomenCorporateDirectors outlines what directors need to know to position cyber insurance within a comprehensive risk management framework.

Download the pdf to view the full report.

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by Jardine Lloyd Thompson Pty Ltd (ABN 69 009 098 864, AFSL 226 827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.