by William A. Boeck | July 11, 2016 | Cyber Insurance, Data Breach
This is the second in my series of occasional posts covering the basics of cyber insurance. You can find the first one here. This time I’ll talk about breach event cost coverage. Of the four coverages available in a “plain vanilla” cyber policy (see graphic below)...
by William A. Boeck | June 25, 2016 | Cyber Insurance, Data Breach
In my last post concerning insurance issues arising from the 2014 data breach at P.F. Chang’s China Bistro I talked about PCI DSS assessments and the cyber insurance difficulties they can present. Today I’m going to jump back into that pool, this time in the deep end....
by William A. Boeck | June 6, 2016 | Cyber Insurance, Data Breach
On May 31, 2016 the US District Court in Arizona held that a cyber insurance policy issued by Chubb does not cover liabilities to credit card issuers arising from a 2014 data breach at P.F. Chang’s China Bistro. The decision (available here) is important because it...
by William A. Boeck | April 13, 2016 | Cyber Attack, Cyber Insurance, Data Breach, International
The recent revelation that millions of documents were stolen from the Panamanian law firm of Mossack Fonseca has led to news stories about how the firm allegedly helped clients hide money and avoid taxation. Founding partner Ramon Fonseca has said that the theft was...
