Coral Gables, November 20, 2023 – SL FINANCIAL is an actuarial consulting and advisory firm based in Miami, Florida. We offer actuarial consulting and advisory services for businesses and governments in both traditional (re)insurance and alternative risk financing industries.
In today's digitally driven world, cybersecurity has become a critical concern for businesses of all sizes. Cyber threats are constantly evolving, becoming increasingly sophisticated and posing a significant threat to organizations' valuable assets and reputations.
Cyber risk encompasses the potential loss or damage caused by cyber-attacks, which can target individuals, businesses, or organizations of any size. It includes the risk of losing personal data, trade secrets, and confidential information, as well as experiencing physical damage, denial-of-service attacks, cyber extortion, and social engineering attacks.
Cyber risks are on the rise due to several factors:
To address these risks, businesses should identify and assess their risks, implement security controls, monitor, and respond to cyber incidents, and consider cyber risk insurance.
SL FINANCIAL offers a comprehensive suite of actuarial and risk management services, including assessment, pricing, modeling, analysis, and compliance. Our actuaries can help you assess financial impact, price insurance, develop coverage, simulate attack scenarios, forecast losses, and ensure compliance.