by William A. Boeck | February 9, 2018 | Cyber Insurance, Regulatory
As the now-familiar graphic below illustrates, Privacy Regulatory Liability Coverage is the last of the four basic coverages found in most cyber policies. I’ve covered the basics of the other coverages here, here, here, and here. Privacy Regulatory Liability Coverage...
by William A. Boeck | December 21, 2017 | Critical Infrastructure, Cyber Attack, Cyber Insurance, Industrial Control Systems
In early 2016 I wrote a post about the dangers of cyber attacks on critical infrastructure and the insurance available for the financial consequences of such attacks. At that time I mentioned that one of the greatest risks was the possibility of an attack on...
by William A. Boeck | November 28, 2017 | Artificial Intelligence, Cyber Insurance, Technology E&O Insurance
Every day seems to bring a new article about how artificial intelligence is changing the world. Change brings risk though, and I’m not convinced all of those risks will be covered by insurance. When you think of artificial intelligence (AI) it is easy envision the HAL...
by William A. Boeck | October 23, 2017 | Cyber Attack, Cyber Insurance
It’s time for another post in my series about the basics of cyber policies (you can read earlier posts here, here, and here). This time I’m going to look at system security liability coverage. As the graphic below illustrates, security liability coverage is one of the...
by William A. Boeck | September 11, 2017 | Data Breach
By now, everyone reading this blog is aware of the data breach sustained by Equifax, Inc. “Catastrophic,” “basically the Irma of data breaches,” “the worst data breach ever,” the superlatives have come fast and furious over the past few days. No matter what colorful...