Stanford Cyber Initiative15 Days of Cyber Insurance: Guidance for lawyersYesterday, the American Bar Association released a cyber insurance guideline document for lawyers. “Jeffrey Lolley, chief information…May 6, 2016May 6, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: Risk quantification dataRisk quantification relies heavily on datasets from security vendors and insurance claims aggregators. The Verizon DBIR and the…May 5, 2016May 5, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: Helping and hurtingCyber insurance necessarily involves detailed information about the security infrastructure of a business, and that information is also…May 4, 2016May 4, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: ExaminationsThe National Association of Insurance Commissioners is in the process of developing cybersecurity examinations that will allow state…May 3, 2016May 3, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: Market forcesThe incentives for cyber risk valuation fall disproportionately on insurers; customers are usually shielded from both the information…May 2, 2016May 2, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: Who collects data on breaches?One of the biggest problems facing insurers and underwriters looking at cyber insurance is how to model the risk of a hack or data breach…Apr 29, 2016Apr 29, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: AnalogiesThe cyber insurance market has been compared to other insurance markets like commercial liability, fire, flood, catastrophe, and terrorism…Apr 28, 2016Apr 28, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: Probability times impactThe Council of Insurance Agents and Brokers recently released the results of its second semi-annual Cyber Insurance Market Watch survey. 56…Apr 27, 2016Apr 27, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: Energy sectorOne of the most reviled analogies in cyber security is the “Cyber Pearl Harbor” or — in its updated form — “Cyber 9/11”. The idea of such a…Apr 26, 2016Apr 26, 2016
Stanford Cyber Initiative15 Days of Cyber Insurance: TerrorismAfter 9/11, reinsurers balked at supporting insurers who didn’t specifically exclude terrorism from their coverage. The massive and…Apr 25, 2016Apr 25, 2016