DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Negotiating Cyber Insurance: Assessing Worldwide Coverage" webinar to their offering.
The Webinar will focus on the important terms and conditions of cyber policies that can have a significant impact on worldwide coverage. Even if you have insurance now, you will want to attend to see if your insurance fully covers possible incidents. For example, the program will help participants evaluate whether their current cyber insurance covers global liability such as for the EU's GDPR or other national requirements.
As if the risk of cyber attack on many different industries, ranging from financial, retail, hospitals and even law firms was not significant enough, many victims have found that they have been hit by a double whammy: a cyber incident and inadequate insurance coverage.
As one general counsel said, we thought we had insurance, but property, professional liability and business disruption insurance turned out not to cover the full range of liability for a cyber hack, particularly on a worldwide basis.
Companies suffer an average of 17 malicious attacks and 12 sustained probes on a monthly basis. In fact there was a major attack from the Internet of Things during the week of November 6, 2016.
As data breach incidents and related cyber risks increase and gain publicity, and as government agencies become more actively involved in policing the corporate response, companies need to take a close look at the protections provided by cyber risk insurance policies.
This is a recording of the Negotiating Cyber Insurance webinar which took place March 1, 2017. In addition to attendees from the U.S.,there were attendees from Canada, the UK, Ireland, Germany, Australia, and Brazil.
These companies were included among the many attendees: Zurich, Medtronic, Software Alliance, GlobalCyber Alliance, Merck, AmeriHealth Caritas, King & Fisher, McDermott, Will& Emery, RELX Group, Proofpoint, Scottrade, Sears, Fedex, and others. The program received very high marks from the attendees.
For more information about this webinar visit http://www.researchandmarkets.com/research/774rkr/negotiating_cyber