Sophisticated cyber threats against public sector organizations are increasing in frequency and severity, thereby demanding heightened vigilance. Cyber criminals aren’t just seeking to steal information or hold information hostage for financial gain. They are looking also to manipulate data or attack vulnerable networks to cause personal or physical damage.
A municipality suffered from an immense malware attack, resulting in more than 20 gigabytes of personal data being sent to an unknown site. The client was contemplating a cyber insurance program before the attack but was still reviewing the added value of cyber insurance coverage in combination with an assessment of their risk exposures when the attack occurred.
Our specialists performed a cyber risk assessment as well as carried out various crisis management simulation trainings. On top of that, we helped to secure competitive insurance coverage and policy wording that reflected the municipality’s cyber risk, resulting in a first-time, new coverage for Aon in step with the client’s specific risk tolerance level.
- Conducted financial modeling that provided insights on which risks to retain, mitigate and transfer
- Led crisis simulation exercises to help the municipality rapidly respond in the event of a future breach
- Empowered a security culture that starts at the keyboard
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