If the financial crisis reminded the insurance industry of how exogenous events can test their risk management mettle, the recent flare up surrounding the disclosure of classified documents by WikiLeaks should provide a potent reminder about some of the risk challenges presented by information security.
While much of the heat around WikiLeaks centers on the legal and geopolitical circus surrounding founder Julian Assange and how difficult it is to restrict the dispersal of information in the Digital Age, for insurers, the real story is how the site managed to compile troves of internal data from the government agencies and corporations in the first place.
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