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Join the Cybersecurity and Incident Response Group on LinkedInCyber Security, Cyber Governance, and Cyber Insurance: What Every Public Company Director Needs to Know | The D&O Diary
Unlike many other aspects of directing the affairs of a public company (e.g., like overseeing its financial reporting function and obligations), “cyber” is new for many directors, and is certainly far from intuitive. For this reason, this article will focus specifically on the responsibilities of public company directors to oversee their company’s cyber security program […]
AIG cyber insurance covers bodily harm — CNNMoney
On Wednesday, AIG announced it’s expanding cyber insurance offering to cover property damage and bodily injury. It’s a watershed moment. A major insurer is saying the virtual and corporeal are now, in some cases, one and the same…. Researchers have accessed control systems for heart rate monitors, traffic lights, home security apps, swimming pool acid […]
Cyber insurance becoming more mainstream — CNBC
No company is safe these days from a cyberattack. And that’s good news for the insurance business. Increasingly companies are trying to hedge costs associated with attacks on their networks by purchasing cyber insurance. Not only are more start-ups and established insurance providers getting into the cyber insurance business, but more companies including mom and […]