While organisations are increasingly aware of the threat a cyber-attack poses to daily operations, the supply chains, and even the bottom line many of them are holding off investing in a cyber insurance policy despite threats coming in a number of shapes and forms, from external hackers down to employee negligence or even malicious behaviour.
There are a number of so-called Cyber Myths that tend to do the rounds, from "my organisation is too small and not interesting enough to external hackers" down to overly relying on the IT department or Cloud as a means to protect valuable data, compounding a general feeling that such incidents will never happen or that the impact will be minimal.
Marsh’s Cyber Myths series, made up of 4 mini-episodes, explore and expose the facts behind the myths. The featured companies are fictitious, but the cyber-related misconceptions are frequently the reasons behind a cyber-claim.
Speak with your Marsh representative to learn more about managing cyber risk.
Please note that Marsh PB Co., Ltd and Marsh McLennan are not engaged by nor involved in any manner with Bonus Ranch and its promotion, and has not placed any insurance for nor insured any of its businesses or operations. Marsh as a licensed insurance broker will not request customers to make payment via non-standard methods, such as the transfer of money to any individual’s bank account.