Cyber Insurance Past, Present, and Future

In this episode of Afternoon Cyber Tea, Dr. Josephine Wolff, associate professor of cybersecurity policy at The Fletcher School at Tufts University, provides insights into the evolution of the cyber insurance industry. Initially developed in the late 1990s for protection against computer viruses, cyber insurance has become an increasingly complex market, often creating tension. Dr. Wolff shares details about the differences between cyber insurance policies and covers various types of risks that insurers can cover, along with the challenges and opportunities posed by this industry. She also emphasizes the need for greater cooperation and data sharing in terms of threat intelligence in the fight against cybercrime.

The podcast sheds light on initial motivations behind cyber insurance providers and provides practical advice for insurers looking to best support their customers. Additionally, the host, Ann Johnson, raises the question of whether cyber insurers are positively motivating businesses and leaders to be more proactive about cybersecurity.

If you're interested in learning more about Cyberinsurance policies, check out Dr. Wolff's newly released book on the subject. The episode is available on Spotify and is produced by Microsoft as part of the CyberWire Network.