Treasury asks whether terrorism risk insurance program should bolster cyber coverage

The U.S. Treasury is seeking public feedback for a mandatory report to Congress on whether the terrorism risk insurance program should be changed to address cyber-related losses, including potential modifications to covered insurance lines and federal/private loss-sharing mechanisms. The notice asks for comments on how TRIA/TRIP interacts with cyber incidents and notes limits in current rules—only cyberattacks certified as acts of terrorism qualify—while referencing a recent Stryker wiper attack claimed by the group Handala as context.