New York A01239 mandates that insurance policies covering losses from cyberattacks require the insured to notify law enforcement before receiving.

A01239, also known as the "cyber ransom prevention act," amends the insurance law to require that any policy covering losses or damages from cyberattacks must include a provision that the insured must notify a law enforcement agency before receiving payment. This requirement applies to corporations and business entities affected by cyberattacks. The act aims to ensure that law enforcement is informed promptly, potentially aiding in the investigation and prevention of further cyberattacks.

New York A01239 mandates that insurance policies covering losses from cyberattacks require the insured to notify law enforcement before receiving.

A01239, also known as the "cyber ransom prevention act," amends the insurance law to require that any policy covering losses or damages from cyberattacks must include a provision that the insured must notify a law enforcement agency before receiving payment. This requirement applies to corporations and business entities affected by cyberattacks. The act aims to ensure that law enforcement is informed promptly, potentially aiding in the investigation and prevention of further cyberattacks.