Cyber insurance helps protect an organization from the potentially devastating financial harm that often follows a data breach and helps protect an organization’s brand and reputation. Cyber insurance also helps an organization survive a breach, pay the cost to notify customers of the breach and offer them credit monitoring services, defend the organization from class action lawsuits by customers, banks / credit card companies and shareholders, and defend the organization in government investigations and enforcement proceedings. There are no standard cyber insurance policies. Instead, there are a variety of policies that offer a variety of benefits. Knowing what to consider when buying cyber insurance is valuable.
Taft’s complimentary guide “Cyber Insurance: A Buyer’s Guide to Protect Your Business” is a compilation of our most popular cyber insurance articles containing helpful information about the benefits, terms and conditions to look for when buying cyber insurance policies. The guide also alerts readers to risks inherent in the marketplace. To access the guide, please click here.
Taft encourages you to share the guide with other professionals who are just as passionate about protecting their businesses from cyber attacks.