Understanding Cyber Insurance Policy: Assessing the Risk 

As the number of data breaches and other cyber-attacks has only continued to increase, statistics show that a majority of businesses will or have experienced cyber offensives targeting their data or intellectual property, among other issues. Like other forms of professional liability coverage, cyber insurance offers businesses the opportunity to invest in their protection, but decision-makers often have limited knowledge of the extent of the risks and associated needs or the extent of policies’ coverage.  

• Attorneys advising businesses today will find an understanding of cyber insurance policies and the underwriting process essential to their practice.  

• Technologists will find this primer on cyber insurance helpful in understanding the level of protection their organization has and making informed cyber risk management decisions.  

Part 1 of 1 

In part one (1) of this online seminar, our expert panelists give an overview of cyber insurance and what it covers. The speakers then define the different types of cyber insurance, highlighting the distinctions between first- and third-party insurance, as well as discussing the stand-alone policies in contrast to cyber risk ‘endorsements.’ Our speakers conclude by breaking down the key factors considered in assessing risk for cyber underwriting and providing key points when considering and advising on cyber insurance. 

Topics covered in this webinar:  

1. Cyber Insurance Overview  

2. Types of Insurance 

Part 2 of 2   

In part two (2) of this online seminar, our expert panelists discuss current issues companies are facing regarding cyber insurance, including limitations in coverage, knowledge gaps in the cyber insurance policy application process, and understanding policy sub-limits. Our speakers then review recent litigations and conclude by providing key takeaways for attorneys and their clients on the topic of cyber insurance. 

Topics covered in this webinar:    

1. Current Cyber Insurance Issues 

2. Recent Cases  

3. Key Takeaways 

FEATURED SPEAKERS: