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Data Breach Lawsuit Highlights the Need for Diligence when Purchasing Cyberinsurance

Well-known restaurant chain, P.F. Chang's China Bistro, recently sustained a significant hit to its cyberinsurance coverage. The federal court's opinion in the case serves as a lesson to policyholders regarding cyberinsurance in a rapidly evolving market. Due diligence is the name of the game when placing such insurance in order to understand the scope of coverage.

10 minute read January 01, 2017 at 06:04 AM
By
Collin J. Hite
Data Breach Lawsuit Highlights the Need for Diligence when Purchasing Cyberinsurance

Well-known restaurant chain, P.F. Chang's China Bistro, recently sustained a significant hit to its cyberinsurance coverage. The federal court's opinion in the case serves as a lesson to policyholders regarding cyberinsurance in a rapidly evolving market.

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