Advisory Alert: A Corporate Counsel’s Guide to Cyber Insurance

On an almost daily basis, you are reminded of why you should worry about the security of your company’s data and information systems. Whether it be from headlines in hard copy, broadcast, or online media, your senses have been slammed with one sensational story after another about increasingly massive data breaches. You may have even read about malware that continues to morph once it tunnels into a system, allowing it to evade detective software. You have seen serious economic and reputational damage done to businesses because cyber thugs launched an attack against their digital infrastructure. You have also seen class actions filed by consumers, derivative actions filed by investors, and enforcement actions taken by regulatory agencies.

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