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Caveat Emptor: Calculating the Impact of Global Attacks on Cyber Insurance
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SharonB187
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SharonB187,
User Rank: Author
6/12/2019 | 3:02:31 PM
Re: Easy question
I do not disagree :-)  There are different reasons to buy insurance. I'm saying that if your company is buying Cyber Insurance, they should be very carful and validate that indeed it will cover the risk they are trying to offset. 
REISEN1955
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REISEN1955,
User Rank: Ninja
5/30/2019 | 3:52:45 PM
Easy question
Somebody answer HOW does cyberinsurance PREVENT an attack?????  (Answer: nope - just keeps the accountants and the C-Suite happy, balances the books and looks good for PR.)  What prevents an attack?  Well a trained IT staff that knows about CSirt material and monitors endpoints and servers.  What restores an attack?  A good tested backup and recovery protocol combined with business continuity planning.  So WTF is good insurance worth?  Of little technical value but it looks good for the press conference. 


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