Demystifying Cyber Insurance: Facts to Get the Right Coverage!

Data Security and Privacy with the Privacy Professor

Listen to this episode to learn from Judy Selby, a worldwide recognized and award-winning cyber insurance expert, about the considerations to take into account for different types of cyber insurance, and how recent, and growing numbers of, ransomware and cyberattacks and hacks are impacting the cyber insurance coverage packages. Throughout the recent history of ransomware and other types of malware and cybercrime and hacking, organizations have become increasingly dependent upon cyber insurance to cut their losses. But with ransoms becoming so huge, and cyber-attacks becoming so prevalent, are cyber insurers going to change the conditions for which they will provide cyber insurance? Can cyber insurance requirements actually change, even possibly improve, cybersecurity practices within organizations who get cyber insurance? And what else does cyber insurance cover besides ransomware and other types of malware? What are the different types of cyber insurance that businesses do have available to them? What are complicating factors in establishing actuarial tables, and then coverage packages and premium rates, for cyber insurance? Do new laws impact cyber insurance coverage and rates? Will premiums be impacted by the policy holders if they use cybersecurity tools that have been compromised, such as SolarWinds? Listen to this episode to hear Judy Selby, Partner in the New York office of the Kennedys global law firm, answer these questions, and many more! Also, hear how you can get a free copy of her best-selling book, Demystifying Cyber Insurance: 5 Steps to the Right Coverage. #Cybersecurity, #RiskManagement, #JudySelby, #CyberInsurance, #CyberLiability, #CyberLiabilityInsurance