Webinar Highlights: The New Normal of Cyber Risk: How Cyber Insurance Has Been Impacted by Changing Global Events
The switch from offline to online is driving greater demand for cyber coverage.
Cyber coverage is an adjunct to prevention and detection, not a replacement.
Focused industries often run the risk of relying on a small pool of technology providers, which amplifies the effect of security breaches or software failures.
Paying ransomware claims does not have to run afoul of the law, but requires a clear paper trial and rationale.
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.