The Evolving Cyber Insurance Industry
RANE Podcast Series
00:00
How Cyber Insurance Companies Have Tried to Minimize Their Financial Exposure to Cyber Attacks
Lloyd of London's announced in November 2022 that there's going to be a new new exclusion specifically for cyber attacks related to state sponsored actors. This was a very big deal because there had not previously been any kind of cyber insurance clause pertaining to state sponsored cyber activity, which is a little bit different than the war exclusion. And again, this is a way that we're seeing cyber insurers try and minimize their financial exposure.
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