Cybersecurity is a complex issue, and NASPO is not alone in recognizing its importance

“It is important for NASPO members who may be safeguarding sensitive government data to have the knowledge and skills to identify and prevent risks of cyber breach in their procurement contracts; to know what to do if a breach occurs; and to proactively help their customers reduce the impact of a breach, should one occur. One of the best tools to assist both consumers and providers in navigating these troubled waters is cyber liability insurance. In this paper, we will take a broad look at what cyber liability insurance is, what types of coverage are available, and how our state procurement offices can work to prevent data breaches and/or mitigate their impact.”