Data breaches caused by hackers or other forces outside the control of a business are a scary and expensive proposition for any organization that collects or retains personally identifiable information, or warehouses credit or financial information.
Insurance Coverage for Data Breach Claims
This article examines insurance coverage for data breaches. Counsel may be surprised to learn that coverage for data breaches is not limited to specialty policies, and can often be found under standard CGL or property insurance policies. Any time a potential data breach occurs, it is essential for an insured to consider all forms of insurance that it carries and to provide prompt notice to its insurer(s) of any policy that even potentially could apply.
By
Richard D. Milone, Edward E. Weiman And Cameron R. ArgetsingerThis premium content is locked for LawJournalNewsletters subscribers only
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