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AIG is one of the top cyberinsurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. eflon CreativeCommons CC BY 2.0.
Cyberinsurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyberinsurance has gained prominence across the industry. The cyberinsurance market is expected to reach around $20B by 2025.
The relationship between enterprises and insurers, like the cyberinsurance market itself, is evolving. But Brozek warns that “a one-size-fits-all approach won’t work,” and many questions must be sorted out, like who decides the value of data, how it will be quantified and what type of risk is assessed. A maturing model.
This morning, Critical Start released its first ever CyberRisk Landscape Peer Report , which explores some of the major concerns and challenges currently confronting cybersecurity leaders as they manage risk within their organizations. Here are some comments on the cyberrisk landscape from cybersecurity vendor experts.
Brennan is speaking at SecureWorld Chicago on June 8, tackling the topic of "I Can See Clearly Now, the Threats Are Gone: The State of InfoSec and Threat Intelligence Today." Botts is Director of the Global Cyber Security Program at University of St. He, too, is speaking on a panel at SecureWorld Houston on May 18.
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