Lloyd’s New Cyber Insurance Exclusions Aim to Avoid Payouts from Nation State Hacks

The recent announcement by the insurance giant Lloyds of London, may be the biggest cybersecurity news of the year. It might not seem all that relevant, but strategically, this will likely shift the entire industry and politics of cybersecurity.

In the podcast, I go over the reasons behind the exclusions, how it impacts insurance customers, and what conditions are likely to be excluded.

Links:

Cybersecurity Insights channel: https://www.youtube.com/CybersecurityInsights

Lloyd’s Market Bulletin Y5381 State backed cyber-attack exclusions https://assets.lloyds.com/media/35926dc8-c885-497b-aed8-6d2f87c1415d/Y5381%20Market%20Bulletin%20-%20Cyber-attack%20exclusions.pdf