AIR+31 May 2018

Cyber risks are still unchartered territory, says Warren Buffet

31 May 2018

When Warren Buffet says, "Cyber is unchartered territory and it is going to get worse not better," it needs to be given serious thought. The so-called oracle of Omaha was addressing the annual general meeting of Berkshire Hathaway in Omaha, US in May this year and said he doesn't want "Berkshire Hathaway being a leader on cyber insurance," because neither he nor others in the industry really know the risk.

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