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Apr. 17, 2019

Guidelines for Securing Effective Cyber Insurance Policy Terms

  • Jill Abitbol
    Cybersecurity Law Report
With no end in sight to high-profile cyber attacks, more companies are taking out insurance against an incident. While insurance does not mitigate all of an organization’s cyber risk, it is one way to manage it. This guide outlines steps and considerations for securing the right policy terms and amount of coverage, and receiving the optimal payment and services from the insurance company after an incident. See our three-part series on using cyber insurance to mitigate risk: “From Assessing the Need to Managing Existing Policies” (Oct. 3, 2018); “Getting Savvy About Cost and Policy Terms” (Oct. 10, 2018); and “Policy Management and Breach Response” (Oct. 17, 2018).

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