Tag Archives: cyber-insurance

Are You Covered?

  The New Jersey State Bar Association recently met to discuss, among other things, our favorite topic: Cybersecurity. (Perhaps our esteemed Privacy, e-Communication and Data Security Practice Group chair was there….) We wanted to briefly mention two critical points discussed: Critical Point #1: The biggest risk out there is employees. We employees click on all … Continue Reading

Thinking About Cyber, Data Breach Insurance? Have You Assessed Your Needs/Risks?

It seems more companies are considering whether to purchase or enhance their cyber or data breach insurance coverage. In recent years, these offerings have expanded giving businesses more choice, and perhaps so has the need for such coverage given the explosion of access to and transmission of confidential data. What is interesting about this development is the different … Continue Reading

Does Your “Cyber” or “Data Breach” Insurance Cover What You Think It Does?

As companies struggle with the risks and exposures related to data breaches, insurance can be an important part of an overall risk management strategy – so long as it is the right insurance. Insurance carriers are offering products that purport to address this type of risk. Such insurance can be particularly important to businesses for … Continue Reading

“Cyber-Insurance” – Pushing Businesses to Protect Against the Next Data Breach?

It’s been around for a while, but could new products in the “cyber-insurance” market help companies focus on this emerging threat known as “information risk”? The National Journal reports that for many companies online security is not a priority. Tom Risen’s article cites to a Verizon study conducted between 2004 and 2008 (pdf) that determined … Continue Reading