(Reuters) – Cybersecurity has emerged as the most pressing exposure for companies facing a new "age", topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, Marsh & McLennan Cos, head of insurance brokers and consulting firms. Inc. said Monday.
"For most large multinational companies, cyber may not have been their biggest exposure before COVID, but it really is their biggest exposure now," CEO Dan Glaser told Reuters Events Future from the US conference. "Think of the possibility of serving customers if, for example, the system went down."
Cyber risk is also difficult for companies to finally deal with.
"CEOs want to get things done and say it's done," he said. Cyber is an endless phenomenon. It will continue for the rest of all our careers. Mr Glaser said the climate is less immediate than cybersecurity because it is evolving slowly and its impact, through such catastrophic events as major fires and more powerful hurricanes, will increase over the next five years or more.
Cultural shifts caused by technology are Another high risk. Digital opportunities are "table bets" for insurance companies to grow, be efficient and "delight" customers. Yet robotics, teleworking and artificial intelligence will "have a dramatic impact on the workplace and on culture," says Glaser. culture is one of those risks. "
A new report from the Marsh & McLennan unit Oliver Wyman predicted at least another year of pandemic disruption, despite the latest news on vaccine development, Glaser said.
" It's just very it is difficult to get hundreds of millions of vaccines available for use in a short period of time, ”says Glaser.
More insurance and risk management news about the coronavirus crisis here . Catalog