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Roll out the red carpet for cyber regulations.
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The Federal Backstop for Cyber Insurance
The US national cybersecurity strategy calls for a federal insurance response to a catastrophic cyber event. An entire subset of the internet comes offline because of a cyber incident, it's so catastrophic economically that the private sector is unable to recoup the losses. It seems like we're going to have to eventually develop a policy that combines private sector tools with a federal backstop.
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