Mayer Brown Insurance Expert Discusses the Importance of Cybersecurity

Co-leader of Mayer Brown's Global Insurance Industry Group, James Woods, spoke with Insurance Journal about the insurance industry's increasing focus on cybersecurity, demonstrated by the recently proposed cybersecurity regulation in New York. He discussed the benefits and challenges this regulation could present for New York insurers and offered his advice for businesses to build effective cybersecurity plans to mitigate cyber claims. He also urged the insurance industry that the time is now to enhance efforts around mitigating and preventing cyber risk.

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