FS-ISAC Advises Closer Look at Cyber Insurance

Not understanding cyber-insurance policy riders can come back to haunt covered parties, the Financial Services Information Sharing and Analysis Center reported.

In its latest weekly report for community financial institutions, FS-ISAC cites the rise in claim denials by insurance providers and inconsistencies across carriers.

ICBA’s “Cyber Insurance and Community Banks” paper outlines cyber insurance and the types of coverage that may be available to community banks.

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