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Join the Securities Litigation and Enforcement Group on LinkedIn“Silent Cyber” and Fiduciary Liability Claims | The D&O Diary
As I have noted in prior posts (most recently here), an important concern these days for insurance industry observers and commentators is “silent cyber” — that is, the coverage for cyber-related losses under traditional property and casualty insurance policies, as opposed to purpose-built cyber insurance policies. For example, in one recent case (discussed here), a […]
Cyber Insurance: How to Find the Right Policy — Nasdaq Governance Clearinghouse
A near certainty for public and private corporations is that, at some point, they will be subject to a cyber-attack. And what is indisputable is that cyber-attacks are almost always extraordinarily complicated and will require a host of costly responses. So it seems that for today’s risk-averse companies, the best way to gain insight into […]
Cyber Insurance: Why Your Company Needs It — Nasdaq Governance Clearinghouse
The time is now for stand-alone cyber insurance. The tensions between traditional insurance policies and data breach coverage have prompted the dawning of a new era of stand-alone “cyber insurance.” And this new era has only just begun. Global insurance broker Marsh LLC recently reported a 27% increase of stand-alone cyber insurance purchases by its U.S.-based […]