Lloyd’s New Cyber Insurance Exclusions Aim to Avoid Payouts from Nation State Hacks
The recent announcement by the insurance giant Lloyds of London, may be the biggest cybersecurity news of the year. It might not seem all that relevant, but strategically, this will likely shift the entire industry and politics of cybersecurity.
In the podcast, I go over the reasons behind the exclusions, how it impacts insurance customers, and what conditions are likely to be excluded.
Links:
Cybersecurity Insights channel: https://www.youtube.com/CybersecurityInsights
Lloyd’s Market Bulletin Y5381 State backed cyber-attack exclusions https://assets.lloyds.com/media/35926dc8-c885-497b-aed8-6d2f87c1415d/Y5381%20Market%20Bulletin%20-%20Cyber-attack%20exclusions.pdf
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Let the finger-pointing between nations continue!
Meh, insurance is so the biggest scam on the planet.
!discovery 47
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