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Reinforcing the earlier Lloyds post, the growing cyber threat from Nation State attackers is a concern. If it can be proven to be a nation state threat actors, cyber insurance maynot cover the costs, and it won’t cover the full cost.
Irrespective, cyber regulation is shifting cyber risk ‘left of bang’ on to the financial statements of covered entities. Meaning cyber risk management has to be complied with. If done correctly reducing the impact of a cyber attack.
Ted Dziekanowski
#cyberriskmanagement #cybersecurity #leftofbang #cyberlaw
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