Counties consider million dollar cyber insurance coverage options

During the recent Humboldt County Board of Supervisors meeting, a significant discussion centered around enhancing the county's cyber insurance coverage. The board considered increasing the limit to one million dollars for an additional cost of $2,672. This move comes in response to growing concerns about cybersecurity threats and the potential financial impact on the county.

The proposed increase in coverage aims to provide better protection against cyber incidents, which can vary in severity and frequency. Board members acknowledged that the decision to raise the limit is influenced by the current cybersecurity landscape, emphasizing the need for robust safeguards.

Additionally, it was noted that neighboring counties typically carry similar or higher coverage limits, with some already at the one million dollar mark. This suggests a trend among local governments to prioritize cybersecurity as a critical component of their risk management strategies.

The board's discussion reflects a proactive approach to safeguarding county resources and data, ensuring that Humboldt County remains resilient against potential cyber threats. As the implementation of this increased coverage moves forward, it will be crucial for the county to monitor the evolving cybersecurity environment and adjust its strategies accordingly.