Is Your Business Covered Against a Cyber Attack or a Data Breach? Here’s What Insurance You Need

Read Alisdair Lindley explain which type of cyber insurance cover your business should opt for to protect against a cyber attack or a data breach on As we can see from the recent cyber attack on the NHS and other businesses across the world, cybercrime is on the increase and experts predict that attacks like these […]

Lawyers and insurers set for data breach payday

Read Stilgherrian’s article about how lawyers and insurers will hit payday after the GDPR and Australian data breach notification regime come into play on ZDNet : Australia’s mandatory data breach notification laws come into force in February 2018. Europe’s General Data Protection Regulation (GDPR), which also requires breach notification, becomes law in May 2018. Brexit […]

Hacking Insurance ‘Surges’ Amid Cyber Crime Fears

Company fears over cybercrime stokes rise in cyber insurance policies, as European hack reporting rules loom. Fears about hacking and data breaches are contributing to the growing market for cyber insurance policies. Read how growing cyber crime fears is making businesses take cyber insurance on Silicon.

Start-ups can mitigate cyber crime risks with insurance

Businesses, both small and big, are increasingly shifting their processes and transactions online. The heavy dependence on the internet, however, comes with its own risks in the form of cyber crimes. Besides taking cyber security measures, fledgling entrepreneurs, start-ups and small businesses in particular need to purchase cyber-liability insurance to mitigate the risk from cyber […]

GAO: Congress Should Let Agencies Determine Insurance Coverage Level for Data Breach Victims

The Government Accountability Office has said Congress should consider allowing agencies to determine the appropriate level of identity theft insurance coverage for affected individuals of data breaches. GAO said in a report published Thursday agencies that experienced data breaches are required by law to provide identity theft services for impacted persons. Read why Government Accountability Office wants Congress […]

Why your company needs cyberinsurance

Read why Brendan W. Hogan says that all companies need cyber insurance on Lexology : Yahoo. Target. Home Depot. LinkedIn. Verizon. Wendy’s. Premera. Bethesda Game Studios. Cottage Health System. 21st Century Oncology. Natural Grocers. Drupal. Kirkwood Community College. What do these companies have in common? They have all suffered a data breach or cyber-related security incident […]

Untangling the Mystery of Cybersecurity Insurance

Read Sean Cooney’s article explaining the mystery of cyber insurance on Inside Counsel : IT security professionals used to warn that only two types of businesses exist: those that have been hacked, and those that will. Now, many are even more pessimistic and divide the world’s businesses into companies that know that they have been hacked, and those […]

A Close Look at Policy Wording Is Essential to Ensure Coverage for Cyber Risks

Read why A. Kate Margolis  says that studying the fine print of a cyber insurance policy is important on JD Supra : As the demand for insurance coverage for cyber-related losses continues to grow, more insurance companies are offering cyber insurance policies and endorsements, but the market is far from mature and the available policies far […]

When Do You Really Need Insurance for Your Small Business?

Read Maxime Reiman’s article about when small and medium businesses really need insurance on Business : Business owners know they need insurance — but figuring out exactly what types of coverage and policy limits they need can be pretty complex. Coverage needs vary greatly depending on things like your business’s location, employee headcount, and industry. […]

What’s the deal with data breach insurance

Read Joshua Horn explain how a data breach insurance works on JD Supra : A recent Investment News article highlighted a burgeoning market for financial advisors looking to protect their practices; namely, data breach insurance. Although such insurance seems like a great idea, you need to exercise due care when purchasing such insurance. Read his […]