AXA XL Introduces New Endorsement to Help Public Companies Address SEC Cyber Incident Reporting Requirement Costs
AXA XL Introduces New Endorsement to Help Public Companies Address SEC Cyber Incident Reporting Requirement Costs
NEW YORK, May 6, 2024 /PRNewswire/ -- AXA XL unveiled a new cyber insurance endorsement providing public companies with dedicated coverage to address the costs associated with updated U.S. Securities and Exchange Commission (SEC) reporting compliance obligations following a cyber incident.
紐約，2024年5月6日 /PRNewswire/ — AXA XL公佈了一項新的網絡保險認證，爲上市公司提供專門保險，以解決與網絡事件發生後美國證券交易委員會（SEC）更新的報告合規義務相關的成本。
According to Michelle Chia, Chief Underwriting Officer for Cyber in the Americas, "Just four days. That's how long public companies have to meet proper disclosures requirements once they determine they suffered a material cyber breach. That's not a lot of time. Having this dedicated coverage to quickly address SEC reporting requirements provides companies with added financial protection and support during a challenging time."
美洲網絡首席承保官米歇爾·奇亞表示：“只有四天。這就是上市公司在確定遭受重大網絡漏洞後必須滿足適當的披露要求多長時間。時間不多。在充滿挑戰的時期，通過這種專門的保險可以快速滿足美國證券交易委員會的報告要求，爲公司提供額外的財務保護和支持。”
Under the SEC's Cybersecurity Risk Management, Strategy, Governance and Incident Disclosure rule, public companies are required to disclose cyber incidents that could have a material impact on their business, including the risks and potential consequences. This includes disclosing breaches, theft of sensitive information, and other cyber-related events. Public companies are required to report a breach in a Form 8-K within four days once they have determined that an incident is material.
根據美國證券交易委員會的網絡安全風險管理、戰略、治理和事件披露規則，上市公司必須披露可能對其業務產生重大影響的網絡事件，包括風險和潛在後果。這包括披露漏洞、盜竊敏感信息和其他網絡相關事件。上市公司在確定事件是重大事件後，必須在四天內通過8-K表格報告違規行爲。
AXA XL's new endorsement provides dedicated coverage for the costs of investigating the breach including legal fees for compliance and disclosure requirements such as the filing of an 8-K.
AXA XL的新認可爲調查違規行爲的費用提供了專門的保障，包括合規和披露要求的律師費，例如提交8-K表。
According to Rachel Rossini, Cyber Product Manager, "This new endorsement allows our clients to quickly access coverage that is specifically earmarked to address these compliance requirements and giving them the flexibility to enlist their preferred securities counsel. Having evaluated average investigation and disclosure, we're pleased to offer added protection at a sublimit appropriate with the exposure."
網絡產品經理雷切爾·羅西尼表示：“這種新的認可使我們的客戶能夠快速獲得專門用於滿足這些合規要求的保險，使他們能夠靈活地聘請首選的證券顧問。在評估了平均調查和披露情況後，我們很高興在風險敞口相應的次級限額下提供額外的保護。”
AXA XL's cyber insurance team is dedicated to helping clients understand and minimize their cyber risks through comprehensive insurance coverage and risk management services. With a focus on proactive risk assessment and responsive claims handling, AXA XL's cyber insurance team aims to support clients in navigating the complexities of the evolving cyber risk landscape. Their collaborative approach and commitment to innovation make them a trusted partner for businesses seeking robust cyber insurance protection.
AXA XL的網絡保險團隊致力於通過全面的保險承保和風險管理服務幫助客戶了解並最大限度地降低其網絡風險。AXA XL的網絡保險團隊專注於主動風險評估和響應式索賠處理，旨在支持客戶應對不斷變化的網絡風險格局的複雜性。他們的協作方法和對創新的承諾使他們成爲尋求強大網絡保險保護的企業值得信賴的合作伙伴。
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ABOUT AXA XL AXA XL provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally. We partner with those who move the world forward. To learn more, visit ABOUT AXA XL INSURANCE AXA XL Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally. We partner with those who move the world forward. To learn more, visit |
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關於 AXA XL AXA XL爲中型公司到大型跨國公司提供保險和風險管理產品和服務，爲全球保險公司提供再保險解決方案。我們與推動世界向前發展的人合作。要了解更多信息，請訪問 關於 AXA XL 保險 AXA XL Insurance 爲全球中型公司乃至大型跨國公司提供財產、意外事故、專業、財務和專業保險解決方案。我們與那些推動世界向前發展的人合作。要了解更多信息，請訪問 |
SOURCE AXA XL
來源 AXA XL