The Rising Risk Of Cyber Threats (Podcast)

• Published date: 02 October 2023
• Subject Matter: Technology, Security
• Law Firm: WTW
• Author: WTW &nbsp

Geopolcast: Season 1 - Episode 2

An informative podcast series that explores geopolitics and its impact.

The more educated citizens and companies have become about Cyber threats, the more advanced the threats have become. Today, the threats have progressed from traditional scam emails to the ever-increasing presence of ransomware attacks, testing the resilience of larger organisations. Ransomware is now a prime example of business development in the criminal world, mostly innovation around gaining money from people.

With this, underwriters are increasing the pressure to ensure companies are protecting themselves; not only their defence, but also their resilience and recovery when targeted. In some instances, businesses are able to convert back to offline processing and operations when under threat, however in some industries and sectors that's not possible. This is a continuous problem requiring the upmost diligence, not only affecting businesses but society as a whole.

In this episode of Geopolcast, Elisabeth Braw, senior fellow at the American Enterprise Institute, discusses the rising risks of cyber threats with Staffan Truve, CTO of Recorded Future, and Tom Srail, WTW's Executive Vice President for Cyber Risk.

"We saw a lot of large organisations - well defended companies - fall victim because the resilience wasn't there"

Tom Srail | Executive Vice President, Cyber Risk

Speakers

Elisabeth Braw
Resident fellow at the American Enterprise Institute (AEI)

Elisabeth is a Geopolitics expert who has been consulting with the WTW Research Network since 2019, specifically exploring grayzone aggression and looking at its implications for risk managers. This...