Cyber Incident Transparency Can Assist Cyber Insurance
By Neil Warlow and Sarah StephensFebruary 23, 2018, 11:26 AM EST
Law360 (February 23, 2018, 11:26 AM EST) -- The global regulatory requirements surrounding data breach incident reporting and other cyber incidents are rapidly developing, as regulators seek to grapple with protection of personal data without strangling technological developments with red tape. Cyber insurance is an increasingly important corporate risk management tool in that context. Can it go further, though, and operate as a driving force in improving cyber risk management generally?
That is one of the questions that the Organisation for Economic Co-operation and Development has sought to consider in its recently published report, “Enhancing the...