Blog: Improving Cyber Insurance Practice Should Be a Company’s Priority
By EsqSocial Corporation 26/02/21
The New York State Department of Financial Services recently issued guidance for New York-regulated property and casualty insurers to effectively manage the cyber insurance risk present in their insurance portfolio. The DFS’ guidance signals an effort to reduce overall volatility in the cyber insurance market, which has been compounded by the recent proliferation of cyberattacks and by insurers’ widely varying approaches to measuring each policyholder’s cyber risk profile....
By: Cooley LLP