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The Corporate Counselor

July 2009

Insurance for Data Security Breaches And Consumer Privacy Claims

By Reynold L. Siemens and Tanya Forsheit

Every other day we read about some new data security breach or proposal to regulate the use of consumer’s private data. However, there is good news too: Most courts are intolerant of privacy claims brought by plaintiffs who have suffered no actual damage, and most companies have insurance for privacy claims without knowing it.

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