The cyber insurance gap: Why boards must prepare for the financial fallout of an attack
The article argues that boards have historically focused on a single cyber risk question—'Are we secure?'—but security has no definitive answer. It highlights the need for organizations to address the financial consequences of attacks through insurance coverage and preparedness, indicating a gap in how boards currently approach cyber risk management.
Key points
- Boards must shift focus from just security to financial preparedness for cyber incidents
- Cyber insurance coverage gaps leave organizations exposed to post-attack costs
- Traditional security questions lack definitive answers
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Express Computer did the reporting; read the original for the full story.
Read the full story at Express Computer
