Inside Cybersecurity

July 2, 2022

Daily News

Moody’s: Ukraine conflict raises cyber insurance premiums, questions over coverage

By Jessica Karins / June 17, 2022

Concerns about cyber attacks stemming from the Russian invasion of Ukraine are driving up cyber insurance premiums, according to a report from Moody’s Investors Service, and could also contribute to questions about what types of attacks insurers are required to cover.

In the new report, “Cyber insurers raise rates, narrow coverage as military conflict in Ukraine heightens risk,” Moody’s highlighted questions the conflict in Ukraine is raising about whether cyber insurance clients could expect to see their claims paid...

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