New Trends To Watch In Cyber Risk Insurance

Law360, New York (August 6, 2013, 12:37 PM EDT) -- Although specific cyber risk insurance policies are becoming increasingly common, claims related to data breaches continue to be submitted under commercial general liability policies. Some recent decisions addressing these claims provide helpful guidance for practitioners in this area.

It is well known that over the last few years, there has been a significant increase of data breaches, that is, incidents compromising the security of data stored electronically by an organization. This has been accompanied by the development and growth of specialty cyber insurance products specifically designed...
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