Would a D&O insurance policy cover the board if a data breach claim occurs? Every policy has its quirks both D&O and Data Breach, and most of these insurance policies have different coverage language. 3 things that stick out about the D&O Policy: 1. Your D&O policy language may exclude data breaches all together. It also may not. Read the exclusion section for words like...
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How is your Point of Sale System protecting you against Breach? Could you be responsible for a data breach? If a data breach occurs who steps in to report the breach, notify clients, pay fines, fees and penalties, what about lawsuits? These are all questions that we have been answering recently. The answer for most is “That Depends.” Below are five questions to ask your...
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Here are a few factors that are making the data breach world tricky to insure: Not too many people in the industry; including insurance companies understand the true risk of data breach to a company. There really isn’t enough claim info to tell the industry too much; and it changes daily….as does technology. Also there really doesn’t seem to be enough case law, including class...
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