Regulators Link Digital Threats to Business Risk and Insurance Coverage
What happened
The FBI Internet Crime Complaint Center recorded approximately $3 billion in reported losses from business email compromise in 2025. Regulatory bodies, including the National Institute of Standards and Technology and the Washington State Office of the Insurance Commissioner, are linking digital threats to broader business objectives and insurance coverage. The Washington State Office of the Insurance Commissioner explained that business interruption coverage applies when a covered loss forces a business to close.
From ibtimes.com
Why it matters
The guidance reflects that digital threats must be integrated into enterprise risk management, requiring information about risk to reach decision-makers across an organization. The FBI advises businesses to verify requests to change account information through a secondary channel to prevent financial crises.
From ibtimes.com
Who's involved
- National Institute of Standards and TechnologyProvides guidance on cybersecurity and enterprise risk management.
- Washington State Office of the Insurance CommissionerExplains how business interruption coverage applies to covered losses.
- FBIReported approximately $3 billion in losses from business email compromise in 2025.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- New regulatory focus may boost demand for Yubico's security hardwareIncreased regulatory focus may boost demand for Yubico's security hardwarePossible
- How could the regulatory focus on digital threats affect the National Cybersecurity Center of Excellence?NCCoE may update standards to integrate financial risk and insurance coveragePossible
- CISA may face new guidance linking cyber risk to business insuranceCISA may see increased pressure to integrate risk management into critical infrastructure guidancePossible
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The entities involved
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National Institute of Standards and Technology
measurement standards laboratory in the United States
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Washington State Office of the Insurance Commissioner
government agency in Washington State, USA
Nothing else this week.
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FBI
2018 American crime drama television series