Cyberattacks—particularly ransomware campaigns—pose challenges for insurers when it comes to claims settlement. When entire IT infrastructures at insured companies come to a standstill and the financial consequences multiply in a very short time, quick, robust, and interdisciplinary decisions are needed, according to KPMG expert Julian Krautwald and KPMG Law expert Frank Püttgen.
You can find the guest article in Versicherungsmonitor here (paywall).
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