General
Speed interview with François Brisson, Head Cyber Tech EMEA, APAC and LatAm at Swiss Re Corporate Solutions
François Brisson, Head Cyber Tech EMEA, APAC and LatAm at Swiss Re Corporate Solutions
Why is participating at a European risk management event important to you?
As one of the top threats identified by businesses, Cyber is in the news almost every day and is a key topic for Risk Managers and boards around the globe. The growth of the global economy depends on the capacity of organisations to navigate Cyber risks and complex, interconnected risk landscapes in general. At Swiss Re Corporate Solutions, we strive to make the world more resilient, and risk management is at its core. I think, the FERMA Forum is a great place to share information, knowledge, best practice and learnings to optimise how organisations are managing risks in Europe.
What does “Aim for the Future” mean to you?
Over the last five years, digitalisation brought a big wave of changes to the insurance industry, opening new fields of growth, but also new challenges and unknown risks. And it’s fascinating! Across the whole insurance value chain, technology and innovation contribute massively to the progress of the insurance industry – for the benefit of our customers and the financial stability of our economy. Cyber risks don’t have long-term loss histories which makes it challenging to build models for risk exposure calculation. They have their own loss curve logic which we are discovering on a daily basis. Looking at the past ten years, when data breaches were starting to hit some large companies, will not help to manage the next generation malware. Our capacity to analyse and use the ocean of data we are operating in as well as driving the digital transformation, will be the key to deliver services and coverages to our customers – today and in the future.
You will be presenting « Don’t let a supply chain open the door to cyber criminals », what would you like the audience to remember after your session?
My key messages are: Compliance checks are not enough to deal with Cyber risks within supply chains. Risk checks are a must. Digitalisation is moving fast and brings new exposures and risks into the supply chain. If companies have global, interconnected supply chains or supply networks, an important question is: How can the insurance industry adapt its models to protect, respond and insure those risk exposures? And the answer is not necessarily the same for a large corporate and a critical small supplier.