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Confusion over cyber insurance leads to coverage gaps

Clint Boulton | July 11, 2016
Cyber insurance may be a booming business thanks to the high-profile breaches, but the market for such policies is a complicated, say experts from SANS Institute, Advisen and PivotPoint.

So, what is a CISO/CIO to do? David K. Bradford, co-founder and chief strategy officer of Advisen, has an idea: “The CISO needs to be involved at a very early stage to map those exposures and to work with the risk manager to understand what those exposures are so that when the risk manager goes to the market he is able to explain it to the brokers who in turn are able to explain able to match it up with the insurers to select the correct coverage."

 

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