With New Cybersecurity Approach, Can Insurers Meet Demand?

Law360, New York (January 8, 2015, 12:04 PM EST) -- In the last 12 months, much has been written about adopting a governance approach to cyber-risks led by the board of directors and executive leadership. Nobody would disagree that a new approach is needed in the face of threats that now have the ability to bring companies to their knees. Many pinpoint seeing a high-profile CEO lose his job following a major data breach as the catalyst for change. However, there is another little discussed reason that is proving to be fundamental in ensuring that companies are better prepared to defend against cyberthreats....

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