Senior Communications Manager
Laura Foggan Discusses Congressional Interest in Cybersecurity Risk Insurance
Laura A. Foggan, chair of Wiley Rein’s Insurance Appellate Group, was quoted by Business Insurance in a March 30 article about congressional interest in the growing cybersecurity risk insurance market.
Following several high-profile data breaches over the past year, Congress is poised to encourage the insurance industry to take a lead role in bolstering cybersecurity, according to the article. A Senate subcommittee held a hearing on the topic last month, and lawmakers have introduced several bills to promote more information sharing between public and private entities concerning cyber breaches.
In an interview with Business Insurance, Ms. Foggan said she thinks there is “pretty broad” insurance industry support for legislation that encourages information sharing about cybersecurity breaches.
Ms. Foggan was also a featured panelist at a plenary session last month on cyber insurance, at the American Bar Association’s (ABA) 2015 Insurance Coverage Litigation Committee CLE Seminar in Tucson, Arizona.