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


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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