Data, News, and Analysis for Cyber Insurance Professionals
Welcome to the Cyber Risk Network!
The Cyber Risk Network provides the cyber insurance community with real-time market insights, analysis of Advisen data, events, networking, and more. Connect with Cyber Risk Network on Google+
Advisen’s Cyber Risk Network is my “go to” resource for cutting edge and timely expert information and analysis on cybersecurity liability, cyber insurance, privacy and related key issues. I would highly recommend it to any practitioner in this rapidly-evolving space.
The National Conference of Insurance Legislators (NCOIL) closely watches federal legislative activity on cybersecurity issues, but has no plans currently to draft a resolution or model legislation, even while much of the insurance industry offers cyber coverage.
More than two dozen privacy and civil liberty organizations, companies, and security experts jointly signed a letter encouraging President Obama to veto the Cybersecurity Information Sharing Act (CISA).
In an effort to combat what are known as “zero-day” vulnerabilities, Google said it has created a team called Project Zero to reduce targeted cyber attacks and file every bug found in an external database.
Organizations in every industry have begun to grasp the vital need to protect their systems and data from hackers – but may face difficulty in finding qualified cybersecurity professionals to effectively combat increasingly sophisticated threats.
The “Cybersecurity Information Sharing Act” would require the director of national intelligence to increase the sharing of classified and unclassified cyber threat information to the private sector, consistent with the protection of sources and methods.
Determining the proper amount of cyber insurance to purchase can be challenging, and to assist clients Marsh has developed a new cyber breach model to predict probability and possible financial outcomes of cyber events.