Skip to main content
Cyber graphic

A critical threat: The case for tackling cyber risk today

An ever-evolving threat

How do we increase cyber resilience?

Cyber is one of the most complex and critical risks threatening national security and businesses today. Tackling this ever-evolving threat requires continued action, collaboration, and an agile approach.

 As the world’s leading insurance marketplace, Lloyd’s brings together experts who share intelligence, judgement, capital and risk to create a braver, more resilient world.

This unique summit saw senior business leaders, policy makers, cyber risk specialists and thought leaders discuss creative solutions for this emerging and interconnected threat.

A range of thought-provoking sessions included:

  • Exploring who the global threat actors and other criminals are that are challenging our resilience with thoughts from former GCHQ Director, Robert Hannigan, the world’s first cyber diplomat for the US Department of Justice, Chris Painter, former Deputy Director of the National Crime Agency, James Stokley, and Security Architect at Hacker One, Laurie Mercer 
  • Understanding what the critical threats on the horizon that will challenge our cyber resilience are. With perspective from leading cyber academic Dr Bhavani Thuraisingham; Vice President at Akamai, Lauren Van Wazer; Head of Global Cyber and Technology at Beazley, Paul Bantick, and Microsoft’s Chief Security Advisor, Siân John MBE
  • Revealing the true impact of a significant cyber-attack, with a live-hack simulation led by Coalition, alongside perspective from Sir Ciarán Devane, Chair of Irish Health Service Executive, which faced a severe cyber-attack in May 2021
  • The final session saw panellists Ross Anderson, Chair of Foundation for Information Policy Research at the University of Cambridge, Charlie McMurdie, former head of the National Cyber Crime Unit, Metropolitan Police, Jürgen Reinhart, Chief Underwriter, Cyber, Munich Re, and Patrick Tiernan, Lloyd’s Chief of Markets, come together to debate the answer to the key question: “In the face of this ever-evolving threat, is it the public or private sector’s job to protect business and society?”

Executive summary

Read our executive summary of the summit.


Watch the video of Lloyd’s first ever Cyber Risk Summit.