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Instant Insights / October is National Cybersecurity Awareness Month

The COVID-19 pandemic has revealed new cyber threats. Now's the time for insurance professionals and insureds to reexamine cybersecurity strategies and coverage.

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Cybersecurity, workers' comp and the defense supply chain

WCI Cybersecurity Forum will examine updated federal cybersecurity regulations that impact workers’ comp.

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Cybersecurity-standards-white-text-red-background New federal cybersecurity standards for the ‘defense supply chain’ may impact workers’ comp data. (Photo: Shutterstock.com)

I recently read an article in the Orlando Florida Business Journal describing a letter that a local employer received from a defense prime contractor. The letter advised that “if the (local company) wasn’t working to become compliant with new federal cybersecurity regulations, it was in jeopardy of losing out on future work on an (existing) contract worth $750,000” (a major contract for this small employer).

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