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Changes Continue in Cyber Insurance

Pure Storage

In 2010, cyber insurance premiums totaled a mere $600,000. With the threat landscape becoming increasingly active, premiums are likely to continue to rise. Underwriters are also attempting to mitigate the losses from cyber claims with much stricter underwriting requirements, including making certain cybersecurity protocols mandatory.

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What the Infrastructure Investment and Jobs Act Means for Security and Life Safety Companies

Security Industry Association

For example, 84% of transit buses have security cameras according to a recent survey by the American Public Transportation Association , up from around half in 2010. . Department of Energy (DOE) to implement a public-private partnerships program to “address and mitigate the physical security and cybersecurity risks of electric utilities.”.