Safety first: Will insurance companies stall or accelerate cybersecurity progress?
SC Magazine
FEBRUARY 8, 2021
He referenced an insurer’s role in designing pressure relief valves for the steam engines powering Philadelphia in the 1800s: “They said if you wanted to have insurance, you have to have this piece of architecture on your system.” In so doing, “they drove security or solutions to avoid large insurance claims.”. billion in premium.
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