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CyberWire Daily
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Navigating Cyber Insurance Regulations
This chapter examines the recent SEC regulatory changes on cybersecurity reporting for investment firms, alongside industry backlash against new disclosure obligations. It discusses the urgent need for a federal backstop for cybersecurity insurance, particularly in the context of expiring terrorism insurance laws, and highlights challenges in the current cyber insurance market. The potential for improved competition and coverage through federal involvement is explored, emphasizing risk management strategies and the importance of data sharing.
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