Ted Dziekanowski as with ESG you have to wonder the effect on credit risk as cyber risk becomes a focus of regulators.

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Ted Dziekanowski as with ESG you have to wonder the effect on credit risk as cyber risk becomes a focus of regulators. If insurers reduce or remove D&O coverage, cyber insurers reduce coverage and cyber regulation shifts risk Left of Bang onto Financial statement, the cyber coverage gap increases.

What will banks do if they suspect that an organisation cannot cover the cyber risk gap. If an clients operating cash flow is exposed, corporate securities exposed, Trade finance is at risk and loans are at risk? Cyber is another credit risk, as is ESG.

Brian D. McCarthy Bob Dix Rachel V. Rose, JD, MBA

#cybersecurity #cyberriskmanagement #theagustagroup

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