Could cyber risk be the next Big Short?

Published: May 13, 2019, 1 p.m.

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A cyberattack has the potential to disrupt the global economy, but using traditional underwriting and risk management approaches may leave insurers and businesses vulnerable to large financial losses. In this episode, Milliman\\u2019s Chris Harner and Chris Beck discuss how a cyberattack could create a scenario similar to 2008\\u2019s financial crisis, and the need for a new risk management paradigm that not only takes into account the interconnectedness of the risk, but provides a way for businesses to measure their exposure and prepare for it.
You can read the episode transcript on our website.

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