Cyber Security Insurance

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Lorie Masters and Richard Garabedian from Hunton Andrews Kurth
Original Air Date: 12-12-2018

Cyber hacking, ransomware, social engineering. These and other schemes pose threats today to all businesses. However, because financial institutions are one of the most targeted businesses and face the highest average number of claims, these threats pose special risks to companies in the financial sector. Cyber insurance is a key part of risk management today. This presentation will address the types of insurance available, best practices, regulatory guidance, key provisions to consider in purchasing and negotiating the terms of such coverage.

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