Managing cyber risk in emerging markets such as South Africa comes with its own unique challenges and opportunities, as Milliman’s David Kirk and Chris Harner discuss in this episode of Critical Point. Insurers and companies are confronting varying levels of preparedness, with outstanding questions around how to best understand, measure, and quantify the cost of cyber risk and then communicate these metrics to their boards. Harner and Kirk discuss top-of-mind issues such as hardware and software challenges, the latest regulations, security concerns, and what actions insurers can consider when moving forward with managing this risk.
You can read the episode transcript on our website.