Your Cyber Insurance Policy Probably Won’t Pay Out

 

More businesses are recognizing the need for cyber insurance as part of an overall security strategy. Here are some key points to consider when evaluating, purchasing, and relying on a policy.

After years of trying, Risk-Based Security CISO Jake Kouns finally managed to get cyber insurance the attention he thinks it deserves. He had been submitting ideas for insurance-related talks for the annual Black Hat USA event since 2012 – and had been rejected four times. But at last week’s Black Hat in Las Vegas, he led one of the sessions during a dedicated micro summit about cyber insurance.