Companies are increasingly turning to cyber risk insurance to better manage cyber threats and any legal liability resulting from data loss. But how useful this tactic? This is, I analyze the impact of cyber-attacks on the company, some of the current U.S. legislation forming the private sector responses to these violations, as well as the extent to which cyber-risk insurance helps mitigate cyber threats. Ultimately, I believe that companies must take a proactive stance to managing cyber-attacks, not only for their well-being, but also to improve the overall cyber security and safety critical national infrastructure. "Hide
by Scott J Shackelford Source: Business Horizons 8 pages. Publication Date: July 15, 2012. Prod. #: BH483-PDF-ENG
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