How MOVEit Is Likely to Shift Cyber Insurance Calculus

In its recent Security and Exchange Commission (SEC) filing, Progress Software, the company behind the MOVEit file transfer software that’s been used to breach dozens of major organizations, says it plans to try and fully collect on its $15 million cyber insurance policy. But how is that fat $15 million payout likely to effect how insurers approach their own businesses?

Source: Dark Reading: Cloud

 


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