CFC offers cyber-insurance policy encryption to prevent crooks from learning how much your carrier would pay in an attack.
“James Burns, Head of Cyber at CFC, said, ‘Our goal is to ensure that should a customer’s policy documents fall into the wrong hands, it can’t be used as leverage in an extortion attempt. While it’s rare for cyber policies to be the focus of a cyberattack, we have seen the size of some ransom demands closely correlate with the limits available under a customer’s cyber policy.'”
Specialist insurance provider CFC has announced that it is introducing policy encryption for its cyber insurance policies, with the firm noting that it is
Source: CFC introduces policy encryption for cyber insurance – Reinsurance News