Bennie Thompson said "Cyber insurance is a way to share risks so when a cyber data breach event occurs, the insured company receives a payment to compensate for the losses." @ PoliticalQuotes.com

On the recordFebruary 24, 2016

Cyber insurance is a way to share risks so when a cyber data breach event occurs, the insured company receives a payment to compensate for the losses.

Said by

Bennie Thompson

Democratic · Mississippi

Source

congress.gov

Editor's note · Context

Thompson explains the purpose of cyber insurance in mitigating financial losses from data breaches.

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