Cyber risk entails more than you think. It's important for executives whose responsibilities include protecting the financial welfare of their companies to understand that cyber risk goes much deeper than the highly publicized security/data breach.  Learning all facets of cyber risk, ways to protect a company’s data infrastructure and financial well being and what remedies are available in the event of a loss, are all paramount to any financial executive in today’s digital world.

Security and Privacy Liability Insurance protects the insured from loss due to a security failure or privacy event.  Still, many business owners are unclear on the terminology included in their policy. In this post, well break down what to look for in a Security & Privacy policy, and the different line items you need to understand.