What a difference a year makes! In 2022 cyber insurance became a C-level issue for commercial and government organizations. Risk managers felt fortunate if they could renew their cyber policy, maintain current coverage, and keep premium increases to below 50%. Insurers struggled to underwrite cyber risks, denied and then litigated claims, and rolled out new exclusions. Perhaps the most significant outcome was that we all got a crash course in the importance of MFA (multi-factor authentication)!
Thankfully, it’s a new year. What can we expect from cyber insurance in 2023 and beyond? This panel of experts will help you understand:
- The past, present, and future of cyber insurance.
- Exclusions, capacity, and pricing…oh my!
- Controls needed to apply and qualify for cyber insurance.
- Will my cyber claims get paid or end up in court?
- Whether the CIO is a new best friend for the risk manager.
- Strategies for ransomware attacks.
- Predictions for 2023.
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