Mark Sauter

Mark Sauter's insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook "Homeland Security: a Complete Guide," Sauter was also a consultant to one of the world's largest software companies and served as a US Army Special Forces and infantry officer.

Is Cyber Insurance Starting to Resemble Another Major Insurance Category? 

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“(I)ncreases in deductibles, retention, sublimits, and co-insurance on ransomware payments, are making cyber coverage look more like health insurance.” Useful report from @natlawreview with collection of key cyber insurance metrics from Marsh expert @mscheincicclcs… Source: Cyber Insurance to Protect Against Cyberattacks

Brokers Should Alert Customers About New Requirements to Renew Cyber Insurance in ’22: Tokio Marine Underwriter 

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“Because the market is changing so rapidly, what underwriters require today might look completely different compared to what we may require in 30-days’ time. As such, it’s important for brokers to work with clients to ensure they have baseline standard controls like multi-factor authentication (MFA) in place, and that they get a high-level assessment of … Read more

2022 Prediction: More Cyber Pain from the “Software Supply Chain” 

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“(T)he new year will continue to reveal the consequences of the 2021 acceleration of business digitization, with an explosion of incidents related to the software supply chain. This will drive demand and innovation in the cybersecurity market along with the need for refined coverages and a more thorough assessment of cyber risk for insurance purposes.” … Read more

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