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Municipalities ramp up cybersecurity insurance amid rising threats

August 20, 2024 | Salem Lakes, Kenosha County, Wisconsin


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Municipalities ramp up cybersecurity insurance amid rising threats
In a recent government meeting, officials approved a significant increase in cyber liability insurance coverage for municipalities, raising the limit from $25,000 to $1 million. The decision, which was unanimously supported by the board, comes in response to a growing number of cyber threats targeting local governments. The estimated cost for the enhanced coverage is $5,000 per year, a figure deemed minimal compared to the potential financial repercussions of a cyber breach.

Trustee discussions highlighted the alarming trend of increased cyberattacks on smaller municipalities, which are often perceived as easier targets. The board emphasized the importance of robust cybersecurity measures, noting that many municipalities across the state have already adopted similar insurance policies. The move to secure higher coverage was prompted by recent attempts to breach the municipality's systems, underscoring the urgency of the situation.

Additionally, the meeting addressed the extension of a Request for Proposals (RFP) for a municipal court prosecutor. The current prosecutor has served for several years, and the board expressed a desire to explore other options. The administrator reported that only two proposals had been received so far, prompting the decision to extend the RFP deadline by 30 days to attract more submissions. The board acknowledged the challenges in finding qualified candidates due to the specific legal expertise required for municipal court processes.

The meeting concluded with a motion to enter closed session to discuss various legal and personnel matters, including ongoing investigations and contract negotiations related to the Fire and Rescue Department. This session is part of the board's commitment to maintaining transparency while addressing sensitive issues that could impact the community.

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This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.

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Scribe from Workplace AI
Scribe from Workplace AI