US Government to Study Cyber Insurance Backstop

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Critical Infrastructure Security
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Governance & Risk Management

Cyber Insurers Limit Financial Exposure While Risk Grows

US Government to Study Cyber Insurance Backstop

Worries about the cyber insurance industry limiting coverage has the federal government asking whether it should provide a backstop or other mechanism for ensuring that catastrophic events don’t go uninsured.

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The Department of Treasury and the Cybersecurity and Infrastructure Agency are soliciting comments through mid-November on whether the potential for ruinous financial exposure by insurers in the event of…

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