Senate Hearings Scrutinize Cyber Insurance

Someone doing basic homework on this increasingly pressing topic will find plenty to chew on in this post from PropertyCasualty360, which summarizes and links to a Senate subcommittee hearing held earlier this month, under the title of “Examining the Evolving Cyber Insurance Marketplace.” Representatives from the cybersecurity industry, insurance industry and from academia discussed the growing cybersecurity risk market, what’s available, how it’s evolving, and how insurance industry requirements could affect the security landscape. This article links to two other recent hearings on related topics: private sector experience with the federal National Institute of Standards and Technology (NIST) framework, and possible data breach and notification legislation in the current Congress.