Weil warns of cyber coverage expectation gap

The gap between real and perceived coverage for cyber risks among
CEOs of top financial firms could prove problematic in the event of
a large cyber loss, according to Marsh CEO Mark Weil.
Speaking at an event today (17 May) launching the "Cyber
and the City" report into cyber resilience in financial
services, Weil said while 50 percent of CEOs surveyed by the study
believed they had cyber coverage, in fact only 10 percent were
covered to the extent they...