“Our recent data highlighting theincreasing number of firms losing considerable sums fromcyberattacks demonstrates the need for robust cybersecuritysolutions,” Foster said in a statement. (Credit:Shutterstock)
Willis Towers Watson has appointed Peter Fosterchairman of global FINEX cyber and cyber risk solutions. He hasbeen with Willis Towers Watson for more than 14 years and hasplayed a key role in building the company's global cybercapabilities.
|In a recent report from Willis Towers Watson and independentresearcher ESI ThoughtLab, annual losses from cyberattacks averaged$4.7 million in the last fiscal year, with more than one in 10firms losing over $10 million. Willis Towers Watson's cyberplatform enables clients to evaluate the full extent of their cyberrisk exposure and determine an effective strategy for managing therisk.
|“Our recent data highlighting the increasing number of firmslosing considerable sums from cyberattacks demonstrates the needfor robust cybersecurity solutions,” Foster said in a statement.“Cyber risk continues to be a key component of our global strategyand we have built tremendous momentum and capability in this spacethrough our fully integrated and holistic approach to all aspectsof mitigating cyber risk. I am delighted to be leading such anexperienced global team with the breadth of knowledge and depththat we harness globally.”
|The full cybersecurity report as well as other key insights onperceived threats, cybersecurity maturity and investment can be found here.
|Related:
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