The insurance sector needs to have panel members that are already cleared and approved by the DoD in advance of a cyber incident being reported and arguably before coverages are agreed upon within the four corners of an insurance...
In the past year, tremendous regulatory developments have taken shape in the realm of cybersecurity, fiduciary responsibility and legal liability for licensees. Starting with the State of New York’s Department of Financial...
If more money continues to be spent on cyber defense, and our risk posture is not improving proportional to the level of spend, the insurance sector may need to reassess how to evaluate an applicant’s cyber risk profile.
When we evaluate the merits of what actually took place, we will see an interesting scenario develop that could directly impact Uber’s board of directors.
Having resilience in the face of a cyber incident is not just limited to technical. Financial risks need resilience factors like cyber insurance coverage.