We have been asked by our clients to explain Cyber Risk Insurance in simple terms, and in a way that they can explain the coverage to their customers. Our clients have found this useful: What is it? Cyber Risk insurance provides protection from loss or inadvertent disclosure of confidential information such as clients’ or employees’ social security numbers, bank account numbers or credit card numbers, and from damage to or destruction of computer systems from computer viruses or hacking. Additional protection may be provided for electronic theft of money and liability from electronic media. What does it cover? The obvious exposure is a data breach, an unintended loss or release of confidential data. Breaches can occur because of hacking, but... Read more →