Cyber risk a growing priority among insurance and asset management firms

This story was originally published on Cybersecurity Dive. To receive daily news and insights, subscribe to our free daily Cybersecurity Dive newsletter. Managing cyber risk has become a point of emphasis in the insurance and asset management sector, with companies boosting annual expenditures and increasing oversight at the board level, according to a report released Wednesday by Moody’s. Almost seven of every 10 companies have a chief information security officer overseeing corporate cyber risk, while an ...