New York issues cyber insurance framework as ransomware, SolarWinds costs mount

Cyber crime

On 4 February 2021, New York became the first state in the US to issue a cybersecurity insurance risk framework to all authorised property and casualty insurers. In releasing the framework, New York’s Department of Financial Services (DFS) said that “[f]rom the rise of ransomware to the recently revealed SolarWinds-based cyber-espionage campaign, it is clear [&hellip

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February 23, 2021
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