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Why cow data and satellite data should not mix: AIG CEO talks cybersecurity

Peter Hancock, CEO of world's largest insurer, is bullish on big data, up to a point.


AIG is, by most accounts, the world’s largest insurer. Peter Hancock, the CEO since September, came out to NYU Engineering Thursday morning and said that his company insures everything from cows in India to satellites in space.

He made his remarks during a talk about cybersecurity, titled “Cyber Insurance and Corporate Governance: Facing New Threats,” outlining AIG’s role in the cybersecurity business. Cybersecurity is an area in which NYU Engineering is seeking to establish itself as a thoughtleader.

Hancock became the company’s CEO in September. While not a computer programmer or cybersecurity expert, he had a lot to say about the nature of risk in a connected world.

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