Sunday, April 24, 2016

Could Insurance Industry Drive Down Cybersecurity Risks as It Does Fire Risks?

"A few weeks ago, Tom Finan — a former Department of Homeland Security official who is now chief strategy officer for Ark Network Security Solutions L.L.C., a Dulles, Virginia-based consultant — appeared before a House Homeland Security Committee subcommittee and noted that cyber insurance could one day promote the same kind of risk management for cyber that fire insurance has provided against fire perils. While at DHS, Mr. Finan headed the agency's cyber insurance initiative."