A Pasich Attorney Discusses How Cyber Insurance Coverage and Exclusions are Evolving in Video Interview with Information Security Media Group
In a video interview with Information Security Media Group, a Pasich attorney explained that it is increasingly important for healthcare entities to carefully examine their cyber and other insurance policies to see what risks are covered in the event of a cyber incident, especially as the threat landscape continues to evolve.
“You really need to read your policy to see what it covers. Because of the frequency of ransomware attacks, what the insurance industry has largely done is sublimit some of those coverages, so if you have $10 million in coverage, you may only have $5 million for ransomware,” they said.
They also addressed attribution of attacks to nation-state actors and how that might factor into coverage as well as other cyber insurance considerations for the months ahead.
View the full interview here.