Cyber security has long become a standing issue for boardrooms, a core focus area for major corporations. The perceived risk of cyber-attacks is so great that for the first time this year, it was categorized by 1,400 business leaders worldwide as one of the top 10 risks, among economic slowdown, increasing competition and property damage, according to the AON Global Risk Management Report. According to Stephen Cross, Chief Innovations Officer at the company, “Modeling of cyber risk is complex and difficult as it lacks sufficient historical data coupled with the fact that such data is captured in a sporadic and unstructured manor. It is also a very fast moving target. How do you adequately forecast for a cyber hurricane? Your cyber security is a strong as the weakest link in your supply chain”.

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