Don’t let Congress punt on cyber insurance reform
The cyber incidents in the headlines aren’t acts of cyber terror.
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cyber insurance
Federal cyber insurance backstop should be tied to expiring terrorism insurance law, report recommends
Congress should use renewal of an expiring terrorism insurance program to create a federal backstop for cybersecurity insurance, according to a report out Tuesday that tries to…
Lawmakers must incentivize cyber protection for critical infrastructure
In a world where critical infrastructure networks are increasingly digitalized and interconnected, cyber risk is growing as a significant threat to our nation’s security, safety.
US businesses struggle to obtain cyber insurance, lawmakers are told
Rising premiums and restrictive policies are creating uncertainty among American businesses about whether insurance policies will cover breaches.
Insurance giant settles NotPetya lawsuit, signaling cyber insurance shakeup
Cyber insurance have already started to find other ways to avoid covering losses related to cyberattacks linked to nation-state hackers.
The cyber insurance market has a critical infrastructure problem
Rising cybersecurity risks are reviving questions about the ability of cybersecurity insurance to cover the risks of a catastrophic attack.
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White House cyber summit with private sector nets impressive gains, but points to considerable work needed ahead
"A couple folks have struggled with the idea that we're going to pat companies on the back for doing things they should already be doing," said one…
Cyber insurance market encounters ‘crisis moment’ as ransomware costs pile up
The woes within the industry could mean significant ramifications for policyholders.
Japan’s Tokio Marine is the latest insurer to be victimized by ransomware
It's the third to announce a successful attack since March.
Two cyber insurance industry initiatives grapple with rise of ransomware
CyberAcuView and the APCIA are two different answers to a phenomenon rocking the cyber insurance industry.