What next for cyber insurers, ‘Right of Bang’ or ‘Left of Bang’. Go where the incident has been, or where compliance is required. Ted Dziekanowski #cyberinsurance #cyberriskmanagement #cyberregulation View Original Post
A configuration issue that had gone un-noticed for 10 years raises concerns of automotive data security. While there is no indication that data associated with vehicles could be affected, there’s no indication that it could not. Toyota has faced a…
A great read discussing the details behind the recent decision by the appellate court of New Jersey Superior Court to uphold a state trial court opinion that war exclusions in drugmaker Merck & Co.⬢s all-risk property insurance policies does not…
An interesting report from Sophos on the Impact of cyber defenses on cyber insurance and the relationship between cybersecurity, cyber insurance and ransomware. One wonders the impact on cyber insurance when U.S and EU cyber regulations come into effect. Cyber…
Thank you for posting Ted Dziekanowski. The Merck case continues with a court rejecting arguments that insurers shouldn’t have to cover Merck’s losses following the 2017 Not Petya hack. That at the time was not officially attributed to an act…
Is cyber an economically insurable risk today, likely no. Insurers rely on ‘Right of Bang’ data to price the product. Data that represents ‘events’ and ‘outcomes’, events and outcomes that are unpredictable and increasing in frequency, complexity and severity. Life…
Industry and not just the cyber insurance industry is between a rock and hard place with cyber. Ted Dziekanowski and I wrote a year ago about the challenges cyber insurers, cyber insurance and the insured face (). While you can…
Thank you for posting Ted Dziekanowski. The Times of Israel reported this week that Russian and Iranian hacking groups are working together to target infrastructure () , that is a sign that 2 significant hacking powers could be formally working…
An update by the UK Government on Russian state back hackers targeting the UK, and a glimpse of what one may consider is the approach for the UK to address Cyber Resilience of organizations that are responsible for UK CNI.…
A further example of where the EU is moving ahead with a coordinated approach for cybersecurity. Enhancing an already well developed suite of cyber regulation through the EU NIS 2, DORA and the CRA. Creating a capability to detect, prepare…
