The Hype and Reality of Cyber Insurance presented at CISOatlanta 2015

by Linda Meinzer,

Summary : When the sky is falling, can cyber insurance save the day, or will it act only as a supplement to a larger threat management program? The response plan for the hours and days after a breach is just as critical — if not more so — than the tools and strategies an organization puts in place to prepare. Cyber insurance can mitigate losses in the wake of the next cyberthreat, but a lack of clarity about its ROI has made many companies reluctant to invest. In this peer discussion, weigh the pros and cons of insuring against the potential fallout of a cyber disaster.