Category Archives: cyber liability

Who Is Legally Responsible for a Cyber Incident?

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After a company discovers a cyber attack on its network, the finger-pointing begins. The CEO blames the chief information security officer (CISO). The CISO blames the financial officers for not setting aside enough money for cyber defenses. The chief information officer begins to look for a scapegoat further down the supply chain. Maybe they fire […]

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Rising Cyber Insurance Premiums Highlight Importance of Ransomware Prevention

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No insurance premiums saw greater growth in the second quarter of 2021 than those related to cybersecurity. According to the Council of Insurance Agents & Brokers, cyber insurance premiums grew more than a quarter (25.5%) during that period. That’s well above the 17.4% increase witnessed by umbrella insurance and an average of 8.3% growth across […]

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