Webinar Highlights: The New Normal of Cyber Risk: How Cyber Insurance Has Been Impacted by Changing Global Events
The U.S. Department of the Treasury’s Office of Foreign Assets Control has complicated cyber issues by raising questions about the legality of paying some ransomware claims.
Cyber coverage is an adjunct to prevention and detection, not a replacement.
Ransomware intruders are threatening to disclose purloined data but organizations still have obligations even if those disclosures never occur.
Paying ransomware claims does not have to run afoul of the law, but requires a clear paper trial and rationale.
Not only are home networks a possible issue, but many tech support personnel are busy helping workers stay connected.