Does the cyber insurance market need more money to underwrite cyber risk exposure?

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Does the cyber insurance market need more money to underwrite cyber risk exposure?

Alongside the additional capital companies need to cover the gap between inherent risk and the shortfall in cyber insurance coverage. Cyber insurance is struggling to cover the difference between expected and expected loss. As cyber insurance costs rise, coverage falls, and the ‘war clause’ is front and centre today.

#theaugustaplan #cybersecurity #cyberriskmanagement #regulatorycompliance #regulatoryoversight #cybercompliance #cyberregulation #cybergovernance #ransomeware #cyberinsurance

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