McCabe Joins Marsh's Cyber Practice

Marsh says Matt McCabe, a former congressional advisor on cyber security, has joined Marsh's growing Network Security and Privacy Practice as a senior vice president.

In his new role, McCabe will be responsible for advising clients on emerging cyber security trends and issues and ways in which they can address their unique data and privacy needs.

McCabe brings to Marsh more than a decade of experience in the legal and cyber security realms. Most recently, he served as senior counsel to the U.S. House of Representatives Committee on Homeland Security, where he advised congressional representatives on federal, state, and local policy involving cyber security, data protection, and privacy law.

Before working in Washington, McCabe was a litigator at Schulte Roth & Zabel in New York, specializing in M&A, securities and accounting fraud, and antitrust cases.

McCabe will be based in New York and will report to Bob Parisi, Marsh's Network Security and Privacy Practice leader.

Commenting on McCabe's appointment, Parisi says: “I am pleased to welcome Matt to Marsh. His experience and knowledge of today's most pressing cyber security issues will help provide our clients with invaluable insights and identify new challenges before they become problematic.”

According to a recent Marsh benchmarking report, more companies are turning to cyber insurance to protect their organizations from the financial consequences of a data breach or cyber attack. The number of US Marsh clients purchasing cyber insurance increased 33% in 2012 over 2011, with those in the services and educational sectors leading the way.