Survey: U.S. insurers earned $1B in cyber premiums last year
August 26, 2016
U.S. insurers took in almost $1 billion in premiums last year for writing cybersecurity policies, according to new figures from credit analysts at Fitch Ratings.
David Stegon was a staff reporter for FedScoop and StateScoop from 2011-2014.
The National Institutes of Standards and Technology created a new scoring system that will allow computer security managers to assess the severity of security risks arising from certain software features.
NIST's "Common Misuse Scoring System" provides a systematic way for organizations to determine the severity of software feature misuse so that the organization can determine how to handle the problem.
NIST classifies software vulnerabilities in three general categories: