Cracking the code on cyber insurance

Podcast with Josephine Wolff, Associate Professor at The Fletcher School at Tufts University

The exodus of companies after Russia’s invasion of Ukraine has sparked concern of cyber retaliation. Hundreds of companies large and small were told by the Biden administration to prepare for possible cyber attacks conducted by Russia. This has many of them looking towards cyber insurance as a way to protect themselves. However, a centuries-old insurance provision may make it tough for companies to actually collect an insurance payout if they’re a victim of a cyber attack.

Today, we learn why the insurance industry may not be a savior for companies looking to minimize damage from cyber warfare.

Click here to listen to the podcast with NPR.