basics

How Do You Insure an Unpredictable Risk?

From our Cyber Insurance Issue: In today’s interconnected digital world, there is no such thing as an “unconnected” business.   That means for most that the extent of their online exposure will include running a calculated risk of becoming the victim of a cyber-attack because that event risk can never be zero. Or does i

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Commentary: Getting the point of Google News v. the media

Cyber Protection Magazine posted a long article about Google’s decision to start de-listing California-based newspapers. We strove to be as objective as possible and present both sides of the argument, but we did say that the opponents were missing the point, hoping that the point would be obvious in the discussion. Here, however, we want to shed objectivity and make the point clear.

Google’s move, generously described, is a preemptive response to California’s Journalism Preservation Act (AB 886) that has yet to pass the Senate. The act will require Google to sit down and negotiate with California publishers over the fair price of publishing content from those media sites.

Note that the bill is not mandating a price. It is mandating a negotiation. That changes the nature of the discussion.

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