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Insurance Firm Introduces Liability Coverage for CISOs

Security Boulevard

National insurance firm Crum and Forster is offering a professional liability program for CISOs who are facing growing regulatory pressures and sophisticate cyberattacks but often are not covered by their organizations' D&O policies.

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Is it Time to Update Your Cyber Insurance Strategy?

Security Boulevard

In 2021, rethinking your cyber insurance strategy should be a top priority for CISOs and executive leadership. The elevated risk landscape is driving growing demand for cyber insurance: Nearly four out of five organizations. The post Is it Time to Update Your Cyber Insurance Strategy?

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GUEST ESSAY: Could CISOs be on the verge of disproving the ‘security-as-a-cost-center’ fallacy?

The Last Watchdog

So how will this affect chief information security officers (CISOs) and security programs? Given the perennial skills and staffing shortage in security, it’s unlikely that CISOs will be asked to make deep budget or staffing cuts, yet they may not come out of this period unscathed. Related: Attack surface management takes center stage.

CISO 203
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Best Practices Q&A: Guidance about what directors need to hear from CISOs — from a board member

The Last Watchdog

CISOs can sometimes be their own worst enemy, especially when it comes to communicating with the board of directors. Related: The ‘cyber’ case for D&O insurance Vanessa Pegueros knows this all too well. LW: Why do so many CISOs still not get it that FUD and doom-and-gloom don’t work?

CISO 210
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Cyber Insurance and the Attribution Conundrum

Cisco Security

Lloyds of London have recently published a Market Bulletin 1 addressing the wording of cyber insurance policies to exclude losses arising from: “ state backed cyber-attacks that (a) significantly impair the ability of a state to function or (b) that significantly impair the security capabilities of a state. ”. What Is Attribution?

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The Cyber Insurance Landscape Has Grown More Complicated

SecureWorld News

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

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Top skill-building resources and advice for CISOs

CSO Magazine

The role of the CISO has evolved, and so have the responsibilities. Some believe a CISO must have technical knowledge and experience as a cybersecurity professional, others think leadership skills such as being able to communicate with boards are what matters most.

CISO 128