Interesting article about cyber liability insurance and exposures on National Insurance Law Forum:
The highest profile cyber incidents – such as major data breaches at Sony, Zappos, Global Payments, and Nationwide Insurance, and the disruption to Netflix’s service on Christmas Eve due to problems with Amazon’s cloud service – may dominate the news, but the bigger issue is just how pervasive such problems are.
Every company that uses computing and networking technologies faces a variety of potential cyber liabilities, including:
- repair, restoration, or replacement of data or services;
- notification of affected customers of a data breach…