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Kevin Kalinich is the global cyber risk practice leader for Aon Risk Solutions, focusing on identifying exposures and developing insurance solutions. He can be reached at [email protected]
Frightening fact: There were 12 million unique types of malware identified in 2015 alone.
There is no doubt cyber limits are increasing, but significant gaps remain.
If cyber insurance is going to respond to a ransomware incident, close cooperation with the carrier is necessary.
The threat of a catastrophic cyber attack on our infrastructure is real.
Make no mistake, the Internet of Things will present staunch challenges for the insurance industry.