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Scant evidence that cyber insurance boom is leading to better security (scmagazine.com) Do folks really think cyber insurance would have lead to improvements in security?  I never did ... what do others think?

When the cyber insurance company attempts to deny you coverage, you definitely need to step up your game. I think there's a false sense of security with having cyber insurance, however, it serves the purpose of transfering some of the risk (obviously not the reputational damage among other things). In short, I think the tighter controls that cyber insurance companies are putting in place are forcing organizations to increase their maturity.

Anonymous Author
When the cyber insurance company attempts to deny you coverage, you definitely need to step up your game. I think there's a false sense of security with having cyber insurance, however, it serves the purpose of transfering some of the risk (obviously not the reputational damage among other things). In short, I think the tighter controls that cyber insurance companies are putting in place are forcing organizations to increase their maturity.
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