 Strategic Objective 3.6: Explore a Federal Cyber Insurance Backstop Initiative Number: 3.6.1 Initiative Title: Assess the need for a Federal insurance response to a catastrophic cyber event Initiative Description The Department of the Treasury’s Federal Insurance Office, in coordination with CISA and ONCD, will assess the need for a Federal insurance response to catastrophic cyber events that would support the existing cyber insurance market. NCS Reference The Administration will assess the need for and possible structures of a federal insurance response to catastrophic cyber events that would support the existing cyber insurance market. Responsible Agency: Treasury Contributing Entities: CISA, ONCD Completion Date: 1Q FY24 34 NATIONAL CYBERSECURITY STRATEGY IMPLEMENTATION PLAN