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Posts Tagged ‘cyber insurance’

I recently had to renew the cyber insurance policy for the office and it was interesting to see the evolution of questions asked over the years. At first, most of the cyber insurance questions involved basic computer security and merely checked to see if we had firewalls and antivirus and not much else. Now the […]

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On February 4, 2021, New York became the first state in the nation to issue a cybersecurity insurance risk framework to all authorized property and casualty insurers. In releasing the framework, New York’s Department of Financial Services (DFS) said that “[f]rom the rise of ransomware to the recently revealed SolarWinds-based cyber-espionage campaign, it is clear […]

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Whether they like it or not, in this day and age nearly all organizations have to think about their cybersecurity posture and find a way to minimize cybersecurity risk. But the main problem about doing the latter is that nobody can effectively assess the cybersecurity risk of organizations (or third parties, cyber insurance, or systems/devices/IoT and their transactions).

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