Introduction:
In a world defined by unprecedented digital connectivity, businesses face immense opportunities for growth and efficiency. However, this interconnectedness also brings with it new vulnerabilities. The risk of a “grey rhino” cyber event — highly probable, high-impact events with potentially devastating consequences — has never been greater. From global tech outages to sophisticated state-sponsored cyberattacks, organizations must adopt a robust cyber risk management strategy. Cyber insurance is an essential element in this strategy, offering crucial protection and risk transfer solutions.
