Gallagher Global Open

    February 2024

    Executive summary

    As over two billion people prepare to go to the polls around the world in 2024, the digital sphere has become the go-to battleground.

    Experts warn of an uptick in state-sponsored cyber attacks. For businesses of all sizes and industry sectors, there's a heightened risk of getting caught in the crossfire.

    Meanwhile, a campaign of disinformation, increasingly fueled by artificial intelligence (AI), is causing growing distrust in public and private institutions.

    Scenario planning, robust cybersecurity, and crisis and continuity management are key to navigating this uncertain and polarizing environment.

    From an insurance perspective, question marks remain over how Cyber insurance policies will respond to state-sponsored cyber attacks.

    In the second part of this series, Spotlight will explore how the "Super Bowl of election years" could prompt civil unrest in many countries and how organizations should prepare.


    • National elections are taking place in 64 countries around the world in 2024, and AI-fueled disinformation campaigns are ramping up.
    • Over time, disinformation erodes trust in public institutions and affects how organizations are perceived and governed.
    • Against a backdrop of increasingly unstable geopolitics and global conflicts, the frequency and severity of cyber warfare is also expected to grow.
    • Businesses could be exposed to spillover attacks from state-sponsored intrusions, in addition to malware targeting software supply chains.
    • Cyber insurance buyers should stress test how their policies are likely to respond in the event of a spillover attack.
    This year is the largest election year in history, and the problem with that, especially now we’ve had this quantum leap in artificial intelligence, is that technology to sow disinformation and distrust at nation-state scales is now available to pretty much anyone.
    Jake Hernandez, chief executive, AnotherDay


    CONDITIONS AND LIMITATIONS Gallagher's global operations, including a network of correspondent brokers and consultants, offers client-service capabilities in more than 130 countries around the world. This report and supporting information is not intended to provide legal or financial advice and reflects our understanding as of February 2024. It should not be regarded as a comprehensive statement of the law and/or market practice in the regions covered. You should not act upon information in this publication nor determine not to act, without first seeking specific legal and/or specialist insurance and risk management expertise. Should you require advice about your specific insurance arrangements or claim circumstances, please contact your Gallagher account representative.

    © 2024 Arthur J. Gallagher & Co.