The Internet of Insecure Things is Changing Risk Profiles

Overview

While far-reaching cyberattacks targeting the Internet of Things (IoT) devices hasn’t happened yet, it will in the not-too-distant future. Given the rapid pace of change and possibility, cyber risk insurance policies written a few years ago may not have adequate language to cover potential losses and damages that today’s IoT vulnerabilities expose. Now is the time to start reassessing cyber risk profiles in an IoT world. 

Advisor Thinking