Filed Under:Agent Broker, E&S/Specialty Business

An Underrated Supply-Chain Concern: Cyber Events

Two-thirds of cyber events are the fault of third-party businesses that outsource services for the victim, showing that business interruption (BI) no longer solely concerns physical assets susceptible to natural catastrophes and other disasters. 

“Physical damage to buildings, machinery and transportation infrastructure is not the only potential cause of supply-chain disruption,” said Rebecca Bole, Advisen’s editor and director of Strategic Development in the Research and Editorial division, during the company’s supply-chain cyber risk webinar. 

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