CHUBB RELEASES CYBER RISK NEEDS ANALYSIS

The Chubb Group of Insurance Companies has released a four-page guide, the “Cyber Risks Needs Analysis,” to provide corporate board members, risk managers and information technology security professionals with a methodology to identify and mitigate their organizations’ cyber exposures. The guide addresses such risks as breaches of security, invasion of privacy, identity theft, intellectual property infringement, errors and omissions, defamation and product disparagement, discrimination and harassment, extortion, digital forgery, business interruption and disaster planning. The “Cyber Risks Needs Analysis” guide provides an introduction to a broad range of cyber issues financial institutions confront. It focuses on giving financial institutions the wherewithal to begin protecting themselves against potentially catastrophic threats.