[nwalker85]

There is a big industry starting to spring up around this, data insurance. Go to any big insurance conference and all they are talking about right now is cyber insurance. Construction companies are asking for it for example; they've always had to insure their employees, but now they are seeing things like their offices being hit by cryptolockers and being extorted for bitcoin by Russians. They can't afford to lose productivity over something like that so they are getting insured. Those insurance agencies are working with security consultants to help harden the networks too. So yes, this is definitely a big problem, but the wheels are already moving to start addressing this issue, because there is money to be made.

[thephyber]

It's not clear how valuable cybersecurity insurance will be if there is no coverage for "acts of war" or if the insurer claims the insured didn't do enough to protect/defend against it. [1]

[1] https://www.lawfareblog.com/moment-truth-cyber-insurance