Cyber Insurance Sunday:
Here at Cyber Insurance News, we focus on just that, Cyber Insurance. But we want to introduce topics and stories adjacent to insurance that focus on helping you understand the…
What Companies Need to Know About the SEC’s New Cybersecurity Rules: Reports & Analysis
Here are some of the new reports from law firms about the SEC Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure rules (see a useful observation from Woodruff Sawyer after…
SEC Reveals Its Cyber Reporting Rule, Scrambling and Confusion Sure to Follow
The U.S. Securities and Exchange Commission (SEC) has issued its new cybersecurity rule, which aims to enhance transparency and accountability in managing cyber risks. The rule requires businesses to promptly…
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Google Exec Makes the Case for a Federal Cyber-Insurance Backstop
Google exec @MonicaShokrai details the benefits of such a federal policy, including attracting more capital to the cyber insurance market: “Broadly speaking, insurance can drive resilience as a society: Not…
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Expect More Disclosures from Public Companies Concerning Their Cyber Insurance
“While many companies have already started to incorporate general disclosure of cyber liability insurance in their discussion of cyber risks, we should expect to see this continue, especially as coverage…
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Supporting the Need for More Cyber Legislation? Congressional Reps and Staffers Hit by Health Data Breach
“Multiple outlets reported Wednesday that DC Health Link suffered a data breach earlier this week. The company confirmed to Nextgov that data for select DC Health Link customers had been…
Sacre Bleu! New French Cyber Law Makes US Regs Look Clear In Comparison
A new French law, which kicks in April 24, requires companies to report cyber incidents to authorities within 72 hours or lose their eligibility for cyber insurance reimbursement. Qu’est-ce qui…
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Senators Think Gov Agencies Can Explain Cyber Coverage Better than Brokers/Insurance Companies
From a press release from Shelley Moore Capito (R-WV) on the proposed “Insure Cybersecurity Act:” “A new bill by Sens. John Hickenlooper (D-CO) and Shelley Moore Capito (R-WV) would establish…
More Government Control and Less Reliance on Cyber Insurance: Predictions on Forthcoming National Cyber Strategy
The hints come from an article by the National Security Agency’s (NSA) former general counsel, Glenn S. Gerstell, who’s been involved in development of the plan. He predicts a much…
Must Read: Skeptical Analysis of a Potential Federal Cyber Insurance Backstop, From Lawfare
Media discussion of a “cyber TRIP” tends to the bullish. This report, by post-doc cyber insurance researcher Daniel Woods @leltop, surfaces the potential downside of such a plan, from moral…