978-223-2959 horizon@saviorlabs.com

Lloyd’s of London to Exclude Catastrophic Nation-Backed Cyberattacks From Insurance Coverage

Take a look: https://www.wsj.com/articles/lloyds-to-exclude-catastrophic-nation-backed-cyberattacks-from-insurance-coverage-11660861586

By 2023, insurer groups must add clauses to cyber policies excluding state-backed hacks that severely affect target nation’s infrastructure, insurance marketplace says…

What does it say? One of the largest cyber liability insurers (Lloyds) is limiting coverage at a time when nation states are ramping up attacks. What’s your plan? Are your systems vulnerable? How do you know?

Insurance companies are starting to crack down. Their renewal requirements are getting stricter and stricter. You need to ensure that you are protected and that your systems meet the requirements for cyber insurance.