Industry unsure what impact CrowdStrike outage will have on cyber insurance market, poll suggests – Reinsurance News

Industry uncertain about the impact of the recent CrowdStrike outage on the cyber insurance market, according to a recent poll conducted by Reinsurance News. The outage has left many in the industry questioning how it will affect the overall landscape of cyber insurance.

The poll results reflect a sense of uncertainty among industry professionals, with many unsure of what the long-term repercussions of the outage will be. The outage, which lasted several hours, raised concerns about the vulnerability of cyber insurance policies in the event of a major cybersecurity incident.

While the full extent of the impact remains to be seen, the poll suggests that the outage has prompted a reevaluation of cyber insurance policies and coverage. Industry experts are now grappling with how to mitigate potential risks and ensure that policies adequately protect against cyber threats.

Overall, the industry is in a state of flux as it navigates the aftermath of the CrowdStrike outage. As cybersecurity threats continue to evolve, the importance of robust cyber insurance coverage has never been more apparent. The industry will need to adapt and innovate in order to stay ahead of the curve and effectively protect against cyber risks.