Stewart is responsible for Ericom’s finance, legal and investor relations departments, as well as the company’s corporate structure and tax planning. He has over 25 years of experience in managing investor relations, legal affairs, financial control and logistics for technology companies, including guiding IPOs on both NASDAQ and TASE. Prior to joining Ericom, he served as controller for Arotech. Stewart is a Certified Public Accountant.
Insurance companies are grappling with cybersecurity challenges both as potential targets, due to the attractive data they hold, and as providers of cyberinsurance, which scant actuarial data makes risky.
Faced with increasing numbers of attacks and cripplingly high payout demands, insurers are writing more exclusions into cyber insurance policies and requiring more effective cyber defenses.
Cyber insurance sounds like a smart idea for both insurers and purchasers. But for cyber insurance to be viable, insurers must improve their understanding of the risks involved, and require the companies they insure to implement effective cyber controls.