So what do you do when cybersecurity is national security, and you go start a war?

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So what do you do when cybersecurity is national security, and you go start a war? A recent report by S&P Global focuses on the insurance industry and discusses the impact of recent conflicts, in light of the recent US-Iranian war and its effects.

While there have been a few reported instances of cyber attacks related to the recent US Iranian Conflict. The attack against Stryker has demonstrated the severity of cyberattacks when the gloves are taken off, and cyber is used as a weapon by nations.

Global conflicts and wars provide a clear route for nation-states to use cyber weapons, and global digital dependency and the interconnected nature of software platforms provide a relatively simple mechanism through which to affect many companies. Through single points of entry and failure. Creating a headache for insurers and the insured, as cyber risk is a systemic risk, that single points of failure amplify, consequential losses are often unpredicatable and the insured’s coverage gap is often significant.

@Thaddeus Dziekanowski Brian D. McCarthy

@Parava Security Solutions S&P Global

#cybersecurity #cyberriskmanagement #cyberinsurance

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