Reread JSQ’s next sentence –

“Or, when security becomes a matter of credit or operational risk beyond the control of a single company, risk management is the answer, and insurance is one of the first forms of financial risk transfer that can implement risk management.”

Nothing controverisal there. JSQ’s only “error” is one of verb tense — the future isn’t risk management, the present is.

Quite the opposite: insurance should increasingly become a driver for more application of tradtional Internet security.