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Cyber Insurance With Michelle Chia, Head Of Cyber Insurance At Zurich North America

Hacker And The Fed

CHAPTER

The Importance of Cyber Resilience

The insurance carrier does not get involved in the negotiations of these ransomware payments. Every organization, every policy holder, every entity has to make that business decision. There is a clear no-go, which is where it's not permissible by law. The best set of controls might not necessarily be the same from carrier to carrier to carrier because we're seeing different loss examples.

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