Possible Regulatory Impact Likely After Colonial Pipeline Hack
By EsqSocial Corporation 13/05/21
The May 6, ransomware attack against Colonial Pipeline is likely to increase cost for cyber insurance, and may prompt legislators to push for tougher standards for critical infrastructure resources such as pipelines, energy grids, and water systems. The attack may prompt insurers to tighten the types of incidents covered, or to require companies looking for insurance to adopt stronger security standards before purchasing a policy......
By: Smith, Gambrell & Russell, LLP