Wyly Wade

Tag: Executive Order

White House proposes formation of a cybersecurity insurance market

A new study found that 31% of companies have cybersecurity insurance policies, while 39% planned to purchase a policy in the future. The study, released Wednesday by information services group Experianplc, underscores the quick development of the nascent industry, which has picked up speed in recent years as companies wake up to a pervasive cyber threat.“There is a definite expansion…

NIST seeks input on cybersecurity framework – CSO Online – Security and Risk

Mandated by an Executive Order (EO) issued by President Obama on February 12, 2013, the NIST-developed framework represents the first time the federal government has sought to prescribe a wide-ranging approach to protecting critical cyber assets, a tough task that has been characterized by Department of Homeland Security Secretary (DHS) Janet Napolitano as an “experiment.” The…

Between a Rock and a Hard Place: The Potential Effect of Executive Order 13636 on Cybersecurity Insurance Coverage

Executive Order 13636 has far reaching effects across both public and private sector business. Improving Critical Infrastructure Cybersecurity (the “Cybersecurity Order”), establishing a voluntary set of security standards for critical infrastructure industries.4 Among other things, the Order directs the Executive Branch to increase the volume, timeliness and quality of cyber threat information sharing, which should result in further developing a…

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