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Federal Contractors Argue Cyber Insurance Isn’t a Safe Bet for Better Security
NextGov: A broad range of federal contractors fear a watchdog report on the government’s role facilitating coverage of cybersecurity risks—included in the House-passed National Defense Authorization Act—will lead to a mandate that their companies hold related insurance policies.
In a recent letter to leaders of the House and Senate Armed Services committees, the Professional Services Council opposed a provision in the House bill calling for the Government Accountability Office to produce recommendations after studying the state of the insurance industry and the extent to which it’s tied to minimum standards for cybersecurity.
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