Launch of new, two-in-one, fiduciary and cyber liability coverage enables all small businesses to follow DOL guidance on retirement plan privacy and cyber security with ease WOODCLIFF LAKE, ...
Data breaches aren’t cheap, and as they grow as a threat to the healthcare industry, organizations are turning to cyber insurance as a way to potentially offset those costs. However, cyber insurance ...
As a result, coverage forms vary significantly from one company to another, and care must be taken to understand what the scope of coverage is. For the most part, high policy limits are available.
Rising loss potential, AI-driven threats and legacy tech exposure are forcing insurers and buyers to rethink cyber limits, ...
Cyber threats aren’t just a possibility anymore—they’re a reality for every business. Whether you’re a startup or a seasoned company, a single breach can cost thousands or even millions in damages.
A frequent lecturer and blogger on cyber liability and insurance, Bortnick is a member resident of the law firm Cozen O'Connor's Philadelphia office. He is the Pennsylvania chair for the Council on ...
Chaucer Group, the specialty re/insurance group, has partnered with Armilla AI, a specialist in AI liability insurance and ...
The increase in subrogation claims against cybersecurity vendors underscores the importance of clear and effective vendor contracts, not only to ensure that the vendor has proper security measures in ...
Businesses face serious risk of liability arising from cybersecurity and privacy breach and use of artificial intelligence. Just like we would not (or should not) drive a car without auto insurance, ...
The cost of the cyberattack on Indianapolis-based Anthem could exceed $100 million. Although Anthem has cyber insurance, the payer’s policy only covers losses of up to $100 million, according to a ...
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