S. 245 aims to enhance the understanding and use of cyber insurance by establishing a working group led by the Assistant Secretary of Commerce. This group will analyze and explain insurance policies to make them more understandable for customers, gather inputs from various...
Simple Explanation
S. 245 is like making a special team to help understand and explain cyber insurance, which is a type of protection for things on the internet. This team will share easy-to-understand information to help people and companies know more about buying and using this kind of insurance.