The Cyber Insurance Imperative

INFORMATION IS POWER! Two recently enacted pieces of legislation are providing Uncle Sam with the tools to gather data about cyber attacks and then share this information with companies to help them strengthen cybersecurity. Here are some tips for business leaders to make the most of this public /private partnership.

Is a national data privacy law an idea whose time has come? Connecticut is now the fifth state to enact a comprehensive privacy law, and businesses are struggling to keep up. What can your company do to stay in compliance?

LET'S GET SOCIAL. The European Union is preparing to impose new restrictions on social media companies and search engines that are meant to safeguard data privacy. Will the U.S. follow suit? What does this mean for businesses who advertise online?

If we outlaw ransom payments, only outlaws will make them! Recent legislative efforts in North Carolina and elsewhere to address the ransomware epidemic are a step in the wrong direction. But don't take my word for it; listen to the testimony of an FBI official before Congress.

GOING ROGUE? A recent high profile data breach underscores the importance of addressing the problem of rogue employees as part of cybersecurity. In this episode, we discuss what businesses should be doing to safeguard their data.

Uncle Sam wants you... to buy cyber insurance! Will the government's plan to expand TRIA to cover acts of cyber terrorism help the market for this coverage expand? What's at stake for businesses, and what wording can help them make the most of their premium dollars?

We have met the enemy, and he wants his allowance! What do the recent hacks perpetrated by the Lapsus$ gang tell us about the importance of vendor management, and about messaging by companies following a cyber event? Here, I discuss a few of the lessons to be learned.

A recent study by a leading cybersecurity firm reveals that social engineering is quickly becoming the scourge of small businesses. What can companies do to protect themselves, and what coverage is available in the cyber insurance marketplace?

WHO YA GONNA CALL? The federal government is imposing an ever-growing patchwork of cybersecurity notification requirements on contractors, as well as companies within industries that are part of the nation's critical infrastructure. What can Business Leaders do to stay in compliance?

The Internet of Things is here! How will cyber insurance respond to the growing threat of bodily injury and property damage losses resulting from the use of IoT? How are some cybersecurity firms already helping businesses manage this evolving risk?