Best Practices

Now's the time for insurance professionals and insureds to reexamine cybersecurity strategies and coverage.
Coalition, Inc. CEO Joshua Motta met with President Joe Biden as part of a broader White House summit held to support the administration’s goal of pooling private and public resources and expertise to confront cyber threats while bolstering national cybersecurity, the cyber insurance company reports.
“We’ve seen time and again how the technologies we rely on — from our cell phones to pipelines, to the electric grid — can become targets of . . . hackers and criminals,” Biden said in a speech following the Aug. 25 meeting. “At the same time, our skilled cybersecurity workforce has not grown fast enough to keep pace. We’re about — the estimates many of you have given us, and we’ve concluded are — on our own — about a half a million cybersecurity jobs remain unfilled. That’s a challenge, but it also is a real opportunity.”
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