April 16, 2014
Kempe: Governments and Organizations Should Have a "Holistic View of Cyber Risk"
The report — “Beyond Data Breaches: Global Interconnections of Cyber Risk” — was released during a discussion at the Atlantic Council, a Washington-based think tank. It was the result of a yearlong study of the issue by the Atlantic Council and Zurich Insurance Group Ltd.
Atlantic Council President and CEO Frederick Kempe told attendees that governments and “forward-looking” organizations must take a holistic view of cyber risk. The report said that while the internet has proved to be “incredibly resilient,” the internet of the future may not be as resilient and robust as today. “It will also be more likely to initiate and cascade global shocks,” said the report.