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Thank you for this post. To reflect on cybersecurity, national security and unsurability.
Cyber is rapidly becoming a regulated risk. The US regulates global defense contractors to manage cybersecurity, the EU regulates CNI providers, and some insurers are moving to remove coverage from organisations using AI.
We rely on the defense industry for national security, yet it is an industry that is being regulated. At a time when we have few resources to support boards manage the risk and regulatory compliance.
Cyber regulation changes risk transfer. Not only requiring companies manage cyber risk and not rely on cyber insurance. But also potentially makes the unsurable in the event of a regulatory breach, that can occur in the event of a cyber attack.
@Thaddeus Dziekanowski Brian D. McCarthy
Veritas GRC
#cyberriskmanagement #insurance
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