One reason why businesses don’t buy cyber insurance is because they don’t believe the insurance will pay benefits in the event of a loss.  A recent lawsuit following a data breach that was brought by a wholly-owned subsidiary of CNA Insurance against a large California hospital network highlights the old adage “buyers beware.”

Could you imagine buying car liability insurance where you promised to continuously obey the rules of the road, so that if you were even partially at fault…
Continue Reading Cyber Insurance or Illusory Coverage: Is the policy worth the price?