The Source for Cyber Insurance News, Insights and Data
Mark Sauter You’ve got a month-and-a-half to suggest “any potential changes to the [Terrorism Risk Insurance Act] or [Terrorism Risk Insurance Program] that would encourage the take up of insurance for cyber-related losses arising from acts of terrorism as defined under TRIA, including but not limited to the modification of the lines of insurance covered by … Read more
“The ICA’s policy paper recommended: Better data sharing from the insurance industry to the government and vice versa to prevent, detect, and report cyberattacks; Mandatory minimum-security requirements and third-party certifications for software and hardware to reduce cyberattack vulnerability; and Investment incentives for cyber risk education and businesses willing to disclose and work with enforcement agencies. … Read more
“Cowbell Cyber has appointed Joshua Chan as its new CTO. Chan will be joining the firm from Zimperium, where he was previously that company’s vice president of engineering.” Source: Cowbell Cyber hires new CTO – Reinsurance News
“For example, increased SEC disclosure requirements may heighten your need for PR firms specializing in cyber crises.” Source: Proposed SEC Cybersecurity Rules Require Public Companies to Act Now | Woods Rogers PLC – JDSupra
“Adam Frumkin, chief information officer at the Franklin County, Ohio, Data Center and his team answered almost 500 questions in a back-and-forth with a cyber insurance provider last year. In the end, they got coverage – but for half the amount at double the cost.” Source: Agencies confront rising cyber insurance rates – GCN