The Joint Committee on Information Management and Technology convened on March 21, 2025, to discuss critical updates regarding cyber coverage across Oregon. The meeting highlighted the current status of cyber insurance among the state's municipalities, revealing significant gaps in coverage.
During the session, committee members reported that out of a total population of approximately 2.1 million represented by the committee, only 36% currently have cyber coverage through their services. This statistic underscores a pressing need for increased awareness and participation in cyber insurance programs among local governments.
Further analysis showed that only 19% of the cities represented by the committee possess what is deemed adequate cyber coverage. This lack of sufficient protection raises concerns about the vulnerability of local governments to cyber threats, which have become increasingly prevalent in recent years.
The committee expressed a desire to boost participation in higher tiers of coverage, particularly encouraging more municipalities to opt for at least the second tier of cyber insurance. The discussions emphasized the importance of enhancing cyber resilience across the state to safeguard public services and data.
As the meeting concluded, the committee acknowledged the need for ongoing efforts to educate local governments about the benefits of cyber coverage and to promote participation in these essential insurance programs. The next steps will likely involve outreach initiatives aimed at increasing awareness and understanding of cyber risks and the available coverage options.