"So, if a company is willing to adhere to the minimum standards, they'll have insurance, and if not, they'll have to identify those gaps so they can get to that baseline," he said. "It's not just about getting our companies safer, but also ensuring that we're doing something to address the bad guys." Congress is weighing legislation on data breach notification laws and cybersecurity insurance industry regulation, historically viewed as two of the most consequential policy areas within the field. Executives for energy utility firm Southern Co (SO.N) and JPMorgan Chase & Co (JPM.N) also attended the event. The event featured top cybersecurity officials from the Biden administration, including National Cybersecurity Director Chris Inglis and Secretary of Homeland Security Alejandro Mayorkas.
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