RIMS Risk World 2025: Patrick Thielen on Cyber Risk Evolution, Policy Alignment, and Incident Response
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Andrea Wells from Insurance Journal reports from RIMS RiskWorld 2025, where she speaks with Patrick Thielen, Global Head of Cyber at Liberty Mutual Insurance. They discuss the evolving landscape of cyber risk, focusing on how policies are shifting from data breach coverage to operational risks like business interruption and data restoration. Patrick highlights the importance of aligning underwriting, claims, and incident response, emphasizing that expertise and the right partnerships are essential for effective cyber risk management.