Supporting an effective cyber insurance market
This report was prepared by the Organisation for Economic Cooperation and Development (OECD) for the G7 Presidency and provides an overview of the market for cyber insurance.
Cyber risk was identified as the risk of highest (or second-highest) concern to doing business in five of the G7 countries in the World Economic Forum’s 2017 Global Risk Report. Noting that the insurance market could potentially contribute to the reduction and management of cyber risk, this OECD report outlines current market challenges and suggests potential policy priorities for governments in supporting the development of an effective cyber insurance market.
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