COVID’s Impact on Cyber and Operational Risks vs. Corporate Resilience
by Fatema AlSaad
A featured article of our April 2021 edition of PRMIA's Intelligent Risk quarterly newsletter
“COVID-19 is a black swan”: a statement we have been hearing ever since COVID-19’s impact materialized after the first quarter of 2020. The impact of this pandemic on our lives, businesses and the way work is being conducted has been far beyond the world’s expectations. Unlike the 2008 Financial crisis, COVID-19 impacted all sectors and business models and increased most financial and non-financial risks. This article will focus on the impact on cyber risk and will discuss how proper corporate resilience can aid in meeting the challenges posed by the pandemic.
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