Berman Fink Van Horn recently renewed its
Cyber Insurance Policy. Every company, regardless of
size or what you do, has cyber exposure. As you would expect, we
spent a great deal of time investigating the newest types of
cyber-attacks and the appropriate
cyber insurance coverages to protect us. Below are a few
highlights.
For starters, two common types of cyber protection coverage are
cyber liability insurance, which covers financial losses that
result from data breaches and other cyber events, and limited cyber
liability coverage, which may be found under a traditional
insurance policy such as General Liability or Professional
Liability. Typically, neither of these coverages provides the full
protection that you need to combat a data breach. So, what can you
do to fully protect your business from the damage of a data breach?
The solution includes all of the following:
