Cyber Insurance: Security Tool or Hype?

A few months back, I was a passive observer to an interesting email thread. People on the thread were discussing a breach that was big news at the time. Suggestions were made as to why the breach occurred, how it may have occurred, how the response could have been better executed, among many other points. At one point in the discussion, one individual decided to interject the concept of cyber insurance in a mocking and condescending tone.

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Original author: Joshua Goldfarb