Finding Cyber Coverage in Non-Cyber Policies
Every company has cyber risk exposures, but only half of U.S. businesses currently buy cyber risk coverage. What other lines of business insurance could potentially be tapped to pay for breach response costs and other related liabilities? ISO’s recent revisions to the standard CGL policy form specifically exclude cyber risk coverage, but could policies issued prior to the introduction of that exclusion respond?
By settling its coverage litigation and not going to trial, Sony did not obtain a court ruling determining that the CGL policy it purchased from Zurich should respond to damages stemming from the 2011 hacking of its PlayStation Network. However, CNA prevailed in its battle with Atlanta-based Metro Brokers over coverage for a hacking incident under its property, liability and crime insurance policies. Will Target's D&O liability policies pay to defend class-action lawsuits arising out of its 2013 data breach?
This webinar will explore the various types of business insurance policies that could potentially respond to cyber risks in the absence of standalone cyber risk coverage.
- Scott Godes, Barnes & Thornburg LLP
- Jan Larson, Jenner & Block LLP
- Ed Joyce, Jones Day
- Martin Frappolli, The Institutes (moderator)
When: Thursday, Sept. 17
Time: 2 p.m. (Eastern)