House Homeland Security panel considers establishing standards for cyber insurance

The House Homeland Security cyber subcommittee convened cyber insurance leaders at a Thursday hearing to get a picture of the current landscape and whether there should be a federal backstop when it comes to responding to certain incidents.

“Given the nature of threats is changing and impacts vary, the cyber insurance industry is critical to determining how nimble we can respond. This is a challenge today because absent a major attack, our standards for coverage are still being defined,” subcommittee...