In this episode of The Energy Pipeline podcast, KC Yost and Philippe Flichy discuss the lack of insurance coverage for cyber-related incidents. They explore the limitations of general liability insurance and professional liability insurance when it comes to cyber attacks. Philippe explains the importance of cyber liability insurance and the coverage areas it includes, such as data breach, business interruption, extortion, and network security liability. They also discuss the actions companies can take to protect themselves, including training employees, conducting tabletop exercises, and implementing unalterable backups. Philippe mentions the SOC 2 certification as a way for companies to demonstrate their commitment to cybersecurity.

Cykur.com

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