On top of all that preparation and ongoing maintenance be sure you have insurance in place that will
cover cybersecurity breaches.
Not exact matches
Traditional insurance policies (e.g. commercial liability and commercial crime policies) often do not
cover privacy
breaches or
cybersecurity incidents, either because of narrow policy language or express exclusions.
Moreover, many firms may not recognize that their standard professional liability insurance does not
cover all (or in many cases, any) of the costs associated with a
cybersecurity breach.
While Warner's letter addresses some of Uber's straightforward
cybersecurity failings, it also digs into the deeper question of how the company
covered up its
breach by paying its hackers to destroy the data they stole, including what kind of «assurances» the hackers provided to the company to demonstrate that they did in fact destroy the data in question.