The insurance industry has a great record of solving problems where government regulation didn’t because the government either didn’t know how to regulate, or the government wouldn’t regulate,” Richard A. Clarke, former National Coordinator for Security, Infrastructure Protection and Counter-Terrorism for the United States, told attendees at a recent cybersecurity insurance forum in Santa Clara, Calif.
Clarke, now CEO of Good Harbor LLC, a security risk management firm that advises companies and governments on cybersecurity and best practices, was the keynote speaker at the recent National Association of Insurance Commissioners (NAIC) and Stanford Cyber Initiative: Cyber Insurance and Its Evolving Role in Helping to Mitigate Cyber Risks.
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