A great article bringing together cyber regulations that will impact the medical device industry. Including EU NIST 2 and the SEC proposal. Add to this the Law passed by the U.S 2023 Consolidate Appropriations Act for Medical Device Cybersecurity, then…
And the winner is….. I’m not convinced that cyber is an emerging risk, but it is one that the insurance industry is certainly aware. With the cyber insurance industry working to understand how best to underwrite cyber and provide appropriate…
A great read from Helen Thomas on the challenges UK corporates face with cyber risk, cyber insurance, and the need for the insurance industry to support clients transfer risk. The corporate world is in difficult position, cyber is to complex…
If insurance firms refuse coverage here, what happens if the security of cars is compromised through cyber and insurers will not underwrite vehicles because of the potential liabilities that cyber attacks bring. What would the credit risk exposure for auto…
Thank you Ted Dziekanowski. We know there is precedence for cyber supply chain compromise with SolarWinds and Kaseya. We now that automotives have been compromised via third party developers. We know that cloud security is unreliable, with many users not…
Ted Dziekanowski, an interesting set of observations from the WEF on why we didn’t see the much vaunted cyber attacks following the start of the Ukraine-Russia crisis. I wonder if there are additional observations as to why cyber attacks have…
Maybe not a reverting read but an important one considering the liquidity positions of 54 UK insurers, required under Solvency II, that includes cyber (page 19). While based on scenarios set in 2022, it identifies challenges that insurers face, and…
Thank you for posting Ted Dziekanowski, its a difficult call and I do hope not. But the fact that it’s been discussed and up there as a risk, is moving the dial. Cyber is a regulated risk and the regulatory…
A great article discussing the cyber insurance backstop. I have to agree with Daniel Woods, one believes that any cyber insurance backstop is premature. We wrote in January 2022 that cyber was an uninsurable risk, but that it could be…
I’ve been fortunate to have been able to build a considerable amount of diversity into my career. Diversity including engineering, manufacturing, academic research, insurance and banking, with a common thread of risk and cybersecurity. I threw in a little experience…
