Ransomware and malware could potentially cripple your company and personal networks. Our previous post, Companies can insure against cyber ransom, states, “Ransomware is a form of malicious software, or ‘malware,’ that encrypts information or aspects of an organization’s computer network, preventing authorized users from accessing it.” As online hackers become more advanced, your company
Cyberliability
Spotlight on Insurance Recovery: Network and Security Representations and Warranties in Cyberliability Insurance Applications
This post was written by Amy S. Mushahwar and J. Andrew Moss.
If your team is in the process of negotiating and purchasing security and data privacy event liability insurance (“cyberliability” coverage), think carefully before signing any technical due diligence representations or warranties that are typically requested in connection with the insurance application. Oftentimes,…