Feds Seek Cooperation With Insurers Against Cyber Threats

The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director Michael McRaith assured an industry crowd last month. “We want to support the insurance industry as it seeks to protect itself from cyber incidents,” McRaith said during the Networks Financial Institute 11th Annual Public Policy Summit in Washington, D.C. “Cyber protection should be as strong as it is for any other financial institution.”