What Insurance Can Offer for Global Cyberspace Stability and Resilience
... need for the firm’s executive team to have cyber risk mitigation in place and tested. Insurance is only one tool in the proverbial toolbox to handle direct losses, but also third-party claims against you resulting from a cyber incident. What type of cyber insurance policy and coverage is adequate depends on several factors. Coverage may run from a few hundred thousand US dollars to several hundred million, while the premium varies based on industry sector, exclusions and limitations, and other risk considerations. Are there any particular takeaways from the report that are relevant to the Russian cyber insurance ...