InvestorsHub Logo
Followers 4
Posts 2593
Boards Moderated 0
Alias Born 09/06/2003

Re: None

Friday, 04/21/2023 7:21:47 AM

Friday, April 21, 2023 7:21:47 AM

Post# of 250050
Lloyd's cyberattack exclusion gets Bank of America worried – reports

https://www.insurancebusinessmag.com/us/news/cyber/lloyds-cyberattack-exclusion-gets-bank-of-america-worried--reports-443502.aspx

Excerpt - Lloyd’s mandate
Effective from March 31 this year, a suitable clause excluding liability for losses arising from any state-backed cyberattack must be included in all standalone cyberattack policies falling within risk codes CY (cybersecurity data and privacy breach) and CZ (cybersecurity property damage).
________________________________

Use of Wave System's products will make this exclusion inconsequential. Wave can activate and help manage TPMs and SEDs at scale as revealed by some large and reputable organizations across the world!!

—————————————————-

WAVESimpleYetSecure

WAVESecureYetStrong

—————————————————-
Together Everyone Achieves More!!
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.