Cyberbytes Issue 6/25: Cyber Insurance – Mandatory or Optional?
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Cyber Insurance: The Next Seatbelt for Digital Risk?
In 1666 the Great Fire of London turned fire insurance from a novel experiment into a cornerstone of urban risk management. It demonstrated that collective preparedness and pooled risk are essential to societal resilience. Today, the relentless surge of cyberattacks poses a similar challenge in the digital realm, forcing policy-makers and organisations to rethink how they manage cyber threats.
As economic losses mount, the debate over whether cyber insurance should become mandatory is intensifying across policy, legal, and risk management circles. Are we approaching a tipping point where cyber insurance shifts from a niche product to a standard, and potentially mandatory, safeguard in our digital age?
Podcast zum Artikel auf Deutsch: Cyber-Versicherung - Unterschiedliche Perspektiven
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Podcast on the article in English: Cyberinsurance - The Great Debate
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