Tag Archives: cyber risk

Artificial Intelligence in the Not-So-Distant Future

Artificial Intelligence in the Not-So-Distant Future

  The motto of the Tyrell Corporation – the corporation responsible for android production in Ridley Scott’s 1982 classic Blade Runner – is “more human than human”. As autonomous systems become increasingly ubiquitous and permanent fixtures in modern societies, there is both concern and curiosity that our not-so-distant future resembles something out of a scienceRead more

NSA Cyber Weapon Stash for Sale

NSA Cyber Weapon Stash for Sale

Éireann Leverett Risk Researcher, Centre for Risk Studies, Judge Business School at University of Cambridge, and CEO, Concinnity Ltd. Dr. Andrew Coburn SVP, RMS, Inc., and Director of Advisory Board, Cambridge Centre for Risk Studies, Judge Business School On 13 August the ‘ShadowBrokers’, a previously unknown hacker group, posted an online auction of a setRead more

Where does cyber risk accumulate for insurers?

Where does cyber risk accumulate for insurers?

“Taxonomy is described sometimes as a science and sometimes as an art, but really it’s a battleground.” ― Bill Bryson, A Short History of Nearly Everything  After attending a cyber-risk accumulation workshop with a variety of cyber risk underwriters, I was moved to spend my morning walks thinking hard about cyber risk accumulation. Where doesRead more

Differentiating two cyber risks.

Differentiating two cyber risks.

Traditional insurance practice involves insulating the insurer’s operational risks from the risks they are insuring. This means that maritime shipping insurance companies don’t place their headquarters aboard ships. Those that insure floods don’t have offices in floodplains. Usually, it’s geography that allows the insurer to escape the risk, but not always. Solar storms and coronal massRead more