BMA concerned over Bermudians’ $27bn silent cyber exposure
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BMA concerned over Bermudians’ $27bn silent cyber exposure

Aisling Finn
13 April 2022
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The Bermuda Monetary Authority (BMA) has revealed concerns over a potential exposure to silent cyber risks of $27bn among carriers in the territory, according to a report it has compiled.

In its Bermuda Cyber Underwriting Report, published today, the BMA said that the aggregate potential exposure for non-affirmative (silent) cyber risks is estimated to be $26.9bn.

Some

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NewsBermudaCyberGlobal insurers
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