AXA Risk Consultants’s R&D manager Gisele Ducrot on the insurer’s approach to fighting cyber risk

 

Cyber risk should not only be seen as a technical risk but a strategic business risk warned Gisele Ducrot, R&D manager at AXA Risk Consultants.

In a video interview about the firm’s new Cyber Sphere, a first and third party cyber insurance policy launched four months again, Ducrot said: “Cyber is not just a technical risk but also a strategic risk that could affect property, liability, etc. So we wanted to develop a tool that highlights the global exposure to cyber risk.

“It was clear that in order to do so, we needed more technical support and that was why we partnered with Cassidian CyberSecurity.”

She added that cyber risk is still a new threat and businesses are not fully aware of their risk exposure. The tool brings together risk management with technical knowhow to help businesses better understand their exposures.

 Click above video to watch the full interview

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