Cyber Insurance Needs to Evolve to Ensure Greater Benefit

This article examines the instability of the cyber insurance market, arguing for modernized, data-driven underwriting (such as electronic posture sharing enabled by AWS programs), while warning that a catastrophic cyber event could overwhelm insurers without a federal backstop. It urges collaboration between carriers and policyholders to align on risk reduction, and highlights evolving regulatory forces—CISA initiatives and new SEC disclosure rules—that may improve transparency and security posture across the industry.