DHS details steps for piloting cyber-data repository for insurers

The Department of Homeland Security in the next few weeks will develop “focus groups” to consider issues for testing a cyber-incident data repository that the administration is promoting to grow the cybersecurity insurance marketplace, according to DHS.

The repository is seen as crucial to providing actuarial data that insurers need to quantify the potential risks and costs of cyber attacks as a way to develop new and reshape existing products for underwriting the business impacts of a data breach or...