Lookout for Luddites: Don’t Overlook the Risk of a Non-Electronic Data Breach When Evaluating Your Cyber Insurance Program
In the wake of numerous high-profile electronic data breaches, companies are justifiably concerned about beefing up their cybersecurity programs and ensuring that they have adequate insurance coverage in the event of an electronic data breach. While the unauthorized disclosure of sensitive electronic data, whether through cyberattacks, insider malfeasance, inadvertence, or otherwise, is, of course, a substantial risk that must be addressed in any cyber insurance program, businesses should also understand and insure against their potential…