Following the Anthem breach the founder of Catlin Insurance, Stephen Catlin stated that “cyber attacks now present such a danger to global business that governments should step in to cover the risks.”

Catlin went on to say that cybersecurity is the “biggest, most systemic risk” he had come across in his 42-year career in insurance,” adding that “our balance sheets are not large enough to pay for that.” Financial Times and ITProPortal and Computer Weekly have the whole story.

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