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Event

Securing the Future: Cyber Threats, Claims, and Resilience Strategies

  • Date: 15 October 2025
  • Venue: Sandton Convention Center, 161 Maude Street, Sandton

Explore how organizations can proactively address cyber threats, manage claims, and build resilience for a secure future.

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In today’s hyper-connected world, cyber threats have become an ever-present danger that can impact organizations of all sizes and industries. From sophisticated ransomware attacks and data breaches to supply chain disruptions and insider threats, the landscape of cyber risk is constantly evolving. These incidents not only threaten sensitive information and operational continuity but can also result in significant financial and reputational damage.

As cybercriminals employ increasingly advanced tactics, organizations must move beyond reactive measures and adopt a proactive approach to cybersecurity. Building resilience involves understanding emerging threats, implementing comprehensive security protocols, and fostering a culture of vigilance across all levels of the organization. It also requires preparedness for incident response and recovery, minimizing downtime and damage when breaches occur.

In this environment, collaboration with trusted partners, continuous monitoring, and investment in innovative security solutions are critical. By staying informed about the latest trends and learning from real-world incidents, businesses can better anticipate risks and develop strategies to protect their assets, reputation, and future growth.

Join us at the IT Indaba 2025

  • Date: 15 October 2025
  • Venue: Sandton Convention Center, 161 Maude Street, Sandton

Marsh is proud to sponsor the 2025 IT Indaba, a premier event bringing together industry leaders, innovators, and visionaries to explore the latest trends and challenges in technology.

Learn more

Insights

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Cyber Self-Assessment

28/11/2022

Take the free assessment and get a report on your business’s cybersecurity gaps and insurability with recommended actions.
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Cyber Insurance: Pricing, Claims Trends and Insights

In this release, we discuss the current pivotal trends in Cyber Insurance claims, and the market pricing highlights seen by clients of Marsh India in 2023.
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Leveraging the cyber evolution to build risk resilient organisations

18/04/2024

Despite the clear concern organisations have over technological changes and the cyber evolution, technology and digital innovation should be leveraged as positive tools that can drive growth, build resilience, improve productivity, and enhance organisational performance and future sustainability.

FAQs

Cyber insurance can help an organisation recover losses and associated costs resulting from large-scale breaches, business interruption, ransomware, and other types of cyberattacks. 

Comprehensive cyber insurance coverage can provide you with resources and reimbursement for items such as legal fees, incident preparation and response support, employee training, forensics services, and breach notification services. Such insurance policies can also offer you balance sheet protection for first- and third-party costs and liabilities such as lost revenue and extra expenses, regulatory fines and penalties, data and hardware restoration and repair, and reputational harm.

Any company or public sector entity that uses technology or data faces cyber risk. The list of cyber risks challenging organisations today is expanding exponentially. Ransomware, for instance, is increasing in frequency, severity, and sophistication. But it’s just one of many cyber risks to be understood, measured, and managed.

With cyber insurance, you can create a tailored coverage program that transfers risk out of your organisation, as well as reduces balance sheet impact and volatility resulting from cyberattacks.

Having a comprehensive cyber risk insurance program in place, complemented by a risk management program, has never been more important to help your organisation appropriately manage its risk.

The cyberattacks dominating the headlines today are largely insurable. In those cases where companies bought insurance, coverage responded and claims were paid.

While terms and conditions can vary, a cyber insurance policy can include comprehensive coverage in advance of, during, and after a ransomware attack. It may cover, but is not limited to, incident response planning, breach notification services, and restoration and repair.

When it comes to cyber risk, businesses responding to a recent survey indicated they are most concerned about ransomware, regulatory risk, and supply chain risk. But only 18% of respondents indicated that they are highly prepared for cyber risk (Marsh Risk Resilience Report 2021). 

Here’s what you should understand about these trends in relation to your own risk management. 

  • Ransomware: Ransomware attacks are increasing in frequency, severity, and sophistication. These incidents not only have the potential to shut down day-to-day operations, but can also expose your business to the legal, reputational, and financial consequences of data leaks.
  • Regulatory risk: Privacy regulations are intensifying, and many organisations lack a comprehensive approach to managing them. Compliance requirements are proliferating, while fines continue to grow. General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and Biometric Information Privacy Act (BIPA) represent a handful of the many global, regional, and industry regulations with which companies may need to comply. 
  • Supply chain: Attacks on the supply chain present an opportunity for an attacker to compromise many downstream organisations through a single entry point, making it an enticing target. As more organisations modernise and digitise, they open themselves up to more cyber risk. 

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Any organisation that uses technology or data has a cyber risk exposure. The list of cyber risks is endless, and disruptions to your business can have an enormous impact on your operations and the bottom line. But cyber, like any business risk, can be understood, measured, and managed. 

When it comes to managing cyber risk and threat exposures, companies typically gravitate toward technology solutions, including security hardware and software, cyber consulting and penetration testing services, and cyber risk scorecards. However, despite spending millions, most organisations lack a true view of organisational cyber risk and its potential economic and operational impact on their business.

Our clients look to us for our unique ability to help them better manage cyber risk throughout their organisation and improve their resilience. We can help you quantify your cyber risk exposures with scenario-based loss modelling, benchmark potential cyber event losses and costs, consider the effectiveness of cybersecurity controls from a financial perspective, and assess the economic efficiency of multiple cyber insurance program structures.

Speak to one of our Experts on how you can build your organisations' risk resilience

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Meat our team

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Harry Doyne Ditmas

Specialty Growth Leader, Africa

  • South Africa

Alexandra Schudel

Alexandra Schudel

Head of FINPRO, Marsh Africa

  • South Africa

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Teri Solomon

Practice Leader Financial and Professional Practice Marsh JLT Specialty

  • South Africa

Christopher Shorter

Christopher Shorter

Senior Client Executive, Cyber Risk and Commercial Crime, Marsh Africa

  • South Africa

Mpho Maponya

Head of Business Development, Mercer Africa

  • South Africa

Keletjo Chiloane

Career Consulting Lead, Mercer

  • South Africa

Lorrancia Mahamba

Enterprise Risk Management Leader, Marsh Africa

  • South Africa

Jaina Kanjee

Senior Manager, Business Continuity Management, Marsh Africa

  • South Africa