Scant evidence that cyber insurance boom is leading to better security (scmagazine.com) Do folks really think cyber insurance would have lead to improvements in security?  I never did ... what do others think?

When the cyber insurance company attempts to deny you coverage, you definitely need to step up your game. I think there's a false sense of security with having cyber insurance, however, it serves the purpose of transfering some of the risk (obviously not the reputational damage among other things). In short, I think the tighter controls that cyber insurance companies are putting in place are forcing organizations to increase their maturity.

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When the cyber insurance company attempts to deny you coverage, you definitely need to step up your game. I think there's a false sense of security with having cyber insurance, however, it serves the purpose of transfering some of the risk (obviously not the reputational damage among other things). In short, I think the tighter controls that cyber insurance companies are putting in place are forcing organizations to increase their maturity.
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