Marsh, a global leader in insurance broking and risk management and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), announced the launch of a new cyber insurance policy that provides catastrophic protection for large companies seeking to better manage the growing threat of a cyber-related data disruption or unplanned technology outage.

Reuters has recently announced that harsh downgrades are on the way that will reduce formerly AAA-rated investment securities to below investment grade, which may require sale or mark-down depending on the type of institution holding the paper.