Cyber insurance advocates buoyed by disclosure requirements of draft Trump order

Advocates for an expanded cybersecurity insurance market are encouraged by the Trump administration’s focus on public disclosures and market-based incentives as drivers for cyber investments, based on recent draft versions of an executive order the White House is expected to issue within the next few days or weeks.

President Trump's decidedly anti-regulatory stance is reflected by the draft order's approach to incentive publicly traded companies to invest in cybersecurity measures by reporting in ways that could be helpful for insurers,...