Lloyd’s New Cyber Insurance Exclusions Aim to Avoid Payouts from Nation State Hacks

in #cybersecurity2 years ago

The recent announcement by the insurance giant Lloyds of London, may be the biggest cybersecurity news of the year. It might not seem all that relevant, but strategically, this will likely shift the entire industry and politics of cybersecurity.

In the podcast, I go over the reasons behind the exclusions, how it impacts insurance customers, and what conditions are likely to be excluded.


Links:

Cybersecurity Insights channel: https://www.youtube.com/CybersecurityInsights

Lloyd’s Market Bulletin Y5381 State backed cyber-attack exclusions https://assets.lloyds.com/media/35926dc8-c885-497b-aed8-6d2f87c1415d/Y5381%20Market%20Bulletin%20-%20Cyber-attack%20exclusions.pdf

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Well, there goes the insurance rates!

Great video @mrosenquist think we need to reinvest back into community and the earth.

With more and more value going digital there is a greater need / risk to secure it.

Maybe we shouldn't invest everything digital?
More garden and land assets, less phones and digital conversations.

More breaking bread with our neighbours and less machines and technology.

Thanks for breaking bread brother, food for thought, feeding peoples minds with truth and courage in their hearts, keeping people safe.
🍞🙏

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