HUNG UP ON REGULATION! The announcement last week that the FCC had entered into a $31.5M settlement with one of the nation's leading telecommunications companies, split equally between penalties and compliance measures, underscores the increasing role of federal agencies in regulating cybersecurity. In this episode, David discusses the types of controls that both regulators and underwriters expect to see, and details the policy wording that can help maximize your chances of recovering the cost of fines and penalties for a regulatory proceeding.