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[H|Cr]acker Insurance

Posted by ryuzaki0 on Tuesday January 28, 2003 @05:14AM from the thats-a-lotta-insurance dept.

Spellbinder writes "yahoo has an article on Hacker insurance, also known as "network risk insurance," has been on the market for about three years, but is expected to explode from a $100 million sideshow into a $2.5 billion behemoth by 2005, according to insurance industry projections."

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But how would they cover the debt.... by Anonymous Coward · 2003-01-28 05:26 · Score: 5, Interesting

if everyones site went down - as it almost did with the latestVuln in MSSQL - how would anyone ever cover the losses?

fp
Do they cover your bandwidth bill too? by Stephenmg · 2003-01-28 05:30 · Score: 5, Interesting

Do they cover your bandwidth bill when some random infected virus sends packets to your secured site even if you dont get infected?
Not a bad idea by Anonymous Coward · 2003-01-28 05:37 · Score: 5, Interesting

Car insurance is cheaper if you have an ignition disabler, and other anti-theft features.

If companies actually buy cracking insurance, they will want to get it at a low price.

The insurance industry, by charging high-premiums for bad IT management, bad security, bad policy, and bad software, could force companies to improve themselves.

How high are the premiums on MS SQL 2000?

You could clearly point to the insurance premiums and show how much bad security is costing the company.