Global Insurance Broker, Lockton hosted two one day seminars in Dubai & Abu Dhabi on Cyber Security.
The emergence of sophisticated attacks known as Advanced Persistent Threats, APTs, and the involvement of nation states has radically changed the threat landscape. Ben Beeson, Cyber Security Practice Leader in Lockton Washington DC, was joined by Dan Scali of a leading security firm Mandiant a FireEye Company, known globally for exposing and identifying cyber-attacks and their perpetrators.
The seminars discussed in detail the methodology that hackers are adopting to launch APT’s, their motivation and what they want, and how to improve resilience against such attacks. In addition it looked at how the global insurance market is responding.
Wael Khatib Chairman of Lockton MENA commented, “Lockton is leading the way towards creating bespoke insurance wordings that cover cyber-attacks for tangible damage and intangible exposures and their ensuing consequential losses which are contentious issues within policy wordings.”
More than 4,950 professionals at Lockton provide 35,000 clients around the world with risk management, insurance and employee benefits consulting services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held insurance broker in the world and 9th largest overall.
Independent researcher Greenwich Associates has awarded Lockton its Service Excellence Award for risk management for large companies. For four consecutive years, Business Insurance has recognized Lockton as a ‘Best Place to Work in Insurance’.