Lege Trend. States Buying Cybersecurity Insurance.3 Bits informed:intel

  • Utah CIO say its expensive, a big budget item
    • $230,000 a year for $10 million in cyber coverage and has a $1 million deductible
  • 38% of state CIOs say their state has some sort of cyber insurance
  • Georgia has the largest amount of cyber coverage of any state
    • $100 million in coverage. $1.8 million-a-year premium & a $250,000 deductible per incident

Governing | Fearing Hackers, States Start Buying Cyber-Insurance + Insurance Journal