Day: September 2, 2022

Cyber Exclusions and Nation State Actors – Burden of Proof Issues?

By Mikel Pearce In a recent Market Bulletin dated 16 August 2022 [1], Lloyd’s has set out its requirement that any standalone cyber policy issued by or underwritten by a Lloyd’s Syndicate must contain an exclusion which is sufficient to exclude any losses arising from a “state backed cyber-attack”. This is to be in addition Cyber Exclusions and Nation State Actors – Burden of Proof Issues?

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Sugandha Sood

Executive Vice President, Finance

As a professional accountant Sugandha, CPA, CGA has over 15 years of progressive finance and accounting experience across multiple industries including healthcare, medical, nuclear waste, and transportation.

Prior to joining CyberClan she worked at Energy Solutions Canada and was responsible for various aspects of accounting, financial reporting, internal controls, process improvements and taxation. Sugandha is eager to leverage her professional skills and play a vital role in the growth of the company by providing information to make informed decisions.