Sentences with phrase «cybercrime coverage»

The cybercrime coverage appears to have been prompted by cyber attacks in... [more]

See «The LAWPRO $ 250,000 cybercrime coverage: What it covers and why» for more information on this coverage.

The cybercrime coverage appears to have been prompted by cyber attacks in 2012.

Says LAWPRO's Assistant Vice President, Underwriting, Victoria Crewe - Nelson: «the LAWPRO cybercrime coverage relates to professional services.

Not exact matches

White's previous presentations have included, «How Not To Become The Next Hacking Scandal» which explores the current cybercrime sector and the way the media deals with the coverage of acts of corporate computer crime — an issue that is extremely relevant in the wake of the Ashley Madison hack.

Finally, in 2014 LAWPRO introduced a sublimit of coverage for losses related to cybercrime, recognizing that prevention of these losses is more closely dependent on the appropriate use of information technology, and not on the application of legal skill.

LawPro, the Lawyers» Professional Indemnity Company (LAWPRO) has announced that they will be providing a $ 250,000 sublimit coverage for eligible cybercrime losses in the 2014 policy year.

We'd like to remind the bar that lawyers face significant risk of suffering cybercrime losses exceeding the $ 250,000 coverage sublimit.

Thus, where a claim based on cybercrime (now a defined term under our policy) would otherwise be eligible for coverage (because it arises from a lawyer's delivery of professional services), it will be covered, but only up to a sublimit of $ 250,000, including defence, repair and indemnity costs together.

While most other professional liability insurers have specifically excluded coverage for cybercrime losses, coverage under the LAWPRO policy would have come down to a consideration of the particular circumstances of a given claim.

But this information — and those types of coverage — come with a very important caveat: no form of insurance coverage should be seen as a complete answer to cybercrime.

While «coverage» can be a comforting word, lawyers would be making a big mistake in feeling comfortably complacent about cybercrime.

, we discuss types of cybercrime insurance coverage, other than professional indemnity coverage, that you may want to consider.

We reviewed the issue of cyber risk in 2013, and have introduced a $ 250,000 sublimit of coverage for eligible cybercrime claims in our 2014 policy.

This sublimit (or cap) of coverage provides a modest «safety net» for lawyers in the area of cybercrime exposure.

In the specialized world of Canadian lawyers» professional indemnity insurance, the most common approach so far has been to expressly exclude coverage for cybercrime losses.

Law firms wishing to learn more about the dangers of cybercrime and the steps they should be taking to prevent breaches should read Cybercrime and Law Firms: The Risks and Dangers Are Real, Protecting Yourself from Cybercrime Dangers: The Steps You Need to Take, and Other cyber risk insurance options: Do you have the coveragecybercrime and the steps they should be taking to prevent breaches should read Cybercrime and Law Firms: The Risks and Dangers Are Real, Protecting Yourself from Cybercrime Dangers: The Steps You Need to Take, and Other cyber risk insurance options: Do you have the coverageCybercrime and Law Firms: The Risks and Dangers Are Real, Protecting Yourself from Cybercrime Dangers: The Steps You Need to Take, and Other cyber risk insurance options: Do you have the coverageCybercrime Dangers: The Steps You Need to Take, and Other cyber risk insurance options: Do you have the coverage you need?

For example, think of how the LawPRO policy treats counterfeit certified cheques causing an overdraft, cybercrime, and intentional misbehaviour within the real estate registration system — these coverages... Read More»

Cyber liability coverage, however, is a way to protect your business against cybercrime, cyber terrorism and general cyber attacks.

Brokers should examine existing policies to determine what coverage they have for cybercrime events and then check with their insurance provider about whether additional coverage is warranted.

Review your current policies to determine what coverage you may currently have for cybercrime events, then talk to your insurance provider about whether additional coverage may be of benefit.