NYDFS Issues Best Practices for Cyber Insurance Risk Management
By EsqSocial Corporation 19/02/21
Against the backdrop of the disruptions associated with the Covid-19 pandemic and SolarWinds cyber-espionage campaign, NYDFS has released guidance for insurers that underwrite cyber insurance policies and which contains a number of provisions expected to impact companies applying for or renewing cyber insurance coverage, not the least of which is a specific recommendation that insurers require insureds to report cybersecurity incidents to law enforcement. Although not technically a part of the...
By: Alston & Bird