Will cyber‑insurance coverage pay out? – Week in safety with Tony Anscombe

What in case your group is hit by a cyberattack that’s attributed to a nation state? Would your insurance coverage cowl the prices of the assault?

As cyber-insurance is, and can proceed to be, a price range merchandise for organizations seeking to defend themselves from the escalating and unexpected penalties of cyberattacks, one necessary query arises – will a corporation’s cyber-insurance coverage cowl the harm attributable to an assault that was attributed to a nation state? This query is all of the extra pertinent in opposition to the backdrop of the continuing war in Ukraine and the warnings of cyber-war doubtlessly spreading past the battle zone.

Watch the video to study how insurers and reinsurers could deal with claims involving cyberattacks that have been attributed to state-sponsored attackers.

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