Cybersecurity is a major risk for any businesses. Threats from thieves and foreign governments or terrorists are constant and ever-evolving. Every day there is a new data breach or threat. In already difficult economic times, managing this risk should be a paramount concern to companies as they strive to remain successful. One way to manage such risk is through insurance. Cyber insurance is not a replacement for an effective security practice. If anything, when your organization invests in cyber coverage, you may be compelled to step up your game. Learning Objectives are:

• Understand how companies face exposure for data and privacy losses
• Learn the best practices being employed by corporations to protect themselves
• Find out how cyber insurance works and is being used in corporate insurance programs
• Understand insurance coverage issues for losses and how courts are interpreting "insurance" and "cyber insurance"

In this training, the speaker will discuss what cyber insurance is available on the market, how it works in responding to losses, and how businesses are including such insurance in their overall risk management programs. As courts are currently grappling with insurance coverage for data and privacy losses, the speaker will discuss how courts are interpreting traditional and cyber insurance policies in the face of staggering losses.

If you’d like to positively influence the process while avoiding finger-pointing, denied claims, and another gotcha, we encourage you to attend this training to Understand about Cyber Insurance Coverage.