(September 19, 2018, 2:21 PM EDT) -- Losses and costs relating
to cyber liability incidents have escalated exponentially given
that the world has become much more computer-dependent and
technology is rapidly advancing. The losses suffered by
organizations for cyber incidents that interrupt their operations
as well as liability to third parties (customers, patients or
others) have become commonplace. The question facing organizations
today is not if they will suffer a cyberattack but when.
The world began rapidly changing with the Internet age. People
and organizations are becoming increasingly involved and dependent
on computers and electronic data and data transmission. An
increasing number of companies operate e-businesses and many
organizations are moving toward a paperless workplace. An entire
economy has grown up whereby individual consumers access various
online services, disclosing their personal information in the
process. That information may be shared across
