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Insurers Collaborate on Cybersecurity Ratings
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EdwardThirlwall
50%
50%
EdwardThirlwall,
User Rank: Moderator
4/12/2019 | 12:22:03 AM
Pros and cons
We know that we have reached a critical phase of digital attacks when insurance policies now cover cybersecurity losses too. What a time to be alive to be able to weigh in on the pros and cons of technological advances and how much will we stand to gain or lose in the long run.
RyanSepe
100%
0%
RyanSepe,
User Rank: Ninja
3/27/2019 | 9:32:00 AM
Collaborate on Realistic Policies
Its great that insurance companies are starting to collaborate around Cyber Security, but what I think is most pertinent between insurance companies and the companies they "protect" is ensuring that in the case of a breach or incident they cannot use the fine print to dodge coverage. I understand that some are prerequisites to ensure the company is making a best effort to be secure and avoid damage but some line items are just vague clauses that allow for wiggle room.


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