Matthew McCabe, IWI’s Economic and Legal Warfare Project Advisor, published a new article in Threat Beat outlining how the U.S. can bolster cyber resilience through a federal reinsurance backstop focused on critical infrastructure sectors. He argues that the insurance market alone cannot absorb catastrophic cyber risk. This is especially true in cases involving utilities, telecoms, and transportation. McCabe calls for a targeted, sector-by-sector approach to limit taxpayer exposure while expanding private sector capacity. His proposal seeks to preemptively manage risk before crises force reactive spending.
Read the full piece here: ThreatBeat – Enhancing Cybersecurity Through a Targeted Backstop
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