Analyzing the Cyber Insurance Market, Choosing the Right Policy and Avoiding Policy Traps

The demand for cyber insurance has dramatically increased as cybersecurity incidents, large and small, proliferate and companies scramble for protection.  The market for cyber insurance has been changing in response to this demand, evolving technology, as well as new cyber regulations that are adding to the cost of breaches.  Roberta Anderson and Sarah Turpin, partners at K&L Gates in Pittsburgh and London, respectively, and Peter Foster, Executive Vice President, Privacy, Network Security, Media, Errors & Omissions and Intellectual Property Risk at Willis Group, shared their insights in a recent webinar about the evolution of the cyber insurance market, policy options available, traps to look out for and how to implement an incident response plan to properly trigger most policies.

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