Ukraine crisis: potential for systemic cyber attack raises ‘great concern’

Conflict in Eastern Europe ratchets up cyber landscape volatility, as insurance expert warns cyber warfare will be indiscriminate.

There is “great concern” in the insurance marketplace about the potential for a “systemic” cyber attack following Russia’s invasion of Ukraine on February 24, 2022.

This is according to Rob Rosenzweig, senior vice president and national cyber risk practice leader at specialty broker Risk Strategies.

“The conflict between Russia and Ukraine is making the cyber landscape all the more volatile—and it wasn’t a pretty place to begin with,” Rosenzweig told Intelligentinsurer.com.