So, Bam signed Viryll up
for cybersecurity insurance.
Not exact matches
Health care
cybersecurity compliance laws have also provided a unique opportunity
for IT support, Connally said, as updates to government regulations about data storage place greater pressure on hospitals or health
insurance providers to keep data secure.
While initial applications focused on the financial services industry, the potential
for blockchain is so broad that many other industries present opportunities, including:
cybersecurity, academia, government, transportation, entertainment, real estate,
insurance, healthcare, energy management, and information technology.
New applications
for blockchain, the distributed ledger tech that underpins bitcoin, keep on to springing up across banking
insurance,
cybersecurity, and legal contracts.
Similar adverse consequences could result from
cybersecurity breaches affecting issuers of securities in which the Funds invest; counterparties with which the Funds engage in transactions; governmental and other regulatory authorities; exchange and other financial market operators, banks, brokers, dealers,
insurance companies, and other financial institutions (including financial intermediaries and service providers
for a Fund's shareholders); and other parties.
As use of outside providers through models such as cloud computing expose PII to third parties, it calls
for robust contractual terms, which is a tangible area where in - house counsel can flex their muscle around
cybersecurity and mitigate risk, says Kroman, as well as advise on the necessity
for cyber
insurance, which is growing in popularity.
In 2017, two Canadian courts considered whether an
insurance policy provided coverage
for a
cybersecurity incident or privacy breach.
Canadian courts recently considered whether an
insurance policy provided coverage
for a
cybersecurity incident or privacy breach.
See BLG bulletin
Insurance for Cybersecurity Incidents and Privacy Breaches.
For those reasons, an organization should obtain advice from a lawyer and an experienced insurance consultant when applying for privacy and cyber insurance, when assessing the costs and benefits of various kinds of privacy and cyber insurance, and when determining whether an existing insurance policy provides coverage for a privacy breach or cybersecurity incide
For those reasons, an organization should obtain advice from a lawyer and an experienced
insurance consultant when applying
for privacy and cyber insurance, when assessing the costs and benefits of various kinds of privacy and cyber insurance, and when determining whether an existing insurance policy provides coverage for a privacy breach or cybersecurity incide
for privacy and cyber
insurance, when assessing the costs and benefits of various kinds of privacy and cyber
insurance, and when determining whether an existing
insurance policy provides coverage
for a privacy breach or cybersecurity incide
for a privacy breach or
cybersecurity incident.
As a result, the legal industry will be forced to take stock of its security,
insurance and communications preparedness — clients across the board will demand firms demonstrate they're prepared
for all shapes and sizes of
cybersecurity breaches.»
CoverHound plans to go live with its CyberPolicy.com website later this year, allowing small businesses to shop
for cyber
insurance and
cybersecurity tools together.