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cyber insurance

A group of LPG tankers are pictured in port along the ship channel in Houston, which leads to downtown Houston all the way to Galveston Bay, and then to the open waters of the Gulf of Mexico. (Getty Images)

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.
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A plume of smoke rises from the Ranch 2 Fire on August 15, 2020 in Azusa, California. The fire blackened at least 2,500 acres in the Angeles National Forest near Los Angeles but burned away from homes causing evacuation orders to be lifted on August 14. (Photo by Mario Tama/Getty Images)

Insurer paid $65,000 to help a city unlock ransomware in 2018. A second hack was more expensive.

The city of Azusa didn't disclose a payment in one incident, insurance paid up and now it's a victim again.
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