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“You’re the expert on your business, but we’re the experts on business insurance, including cybersecurity insurance, and we want to protect the business you’ve worked so hard to build ...
Examples of potential cyber-insurers might include ISP, cloud provider, traditional insurance organizations. Proponents of cyber-insurance believe that cyber-insurance would lead to the design of insurance contracts that would shift appropriate amounts of self-defense liability to the clients, thereby making the cyberspace more robust.
This led to the development of security requirements in the Cybersecurity Maturity Model Certification framework. In 2003 FISMA Project, Now the Risk Management Project, launched and published requirements such as FIPS 199, FIPS 200, and NIST Special Publications 800–53, 800–59, and 800–6. Then NIST Special Publications 800–37, 800–39 ...
A cybersecurity regulation comprises directives that safeguard information technology and computer systems with the purpose of forcing companies and organizations to protect their systems and information from cyberattacks like viruses, worms, Trojan horses, phishing, denial of service (DOS) attacks, unauthorized access (stealing intellectual property or confidential information) and control ...
Required by OMB Circular A-130, Appendix III, security accreditation provides a form of quality control and challenges managers and technical staffs at all levels to implement the most effective security controls possible in an information system, given mission requirements, technical constraints, operational constraints, and cost/schedule ...
Liability insurance (also called third-party insurance) is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims and protects the insured if the purchaser is sued for claims that come within the coverage of the insurance policy.
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