Does Your D&O Policy Cover Cyber Breach?
April 10, 2018
With the emergence of cyber-breach risk, there is a whole new category of liability for company directors and officers. It’s new, that is, in the sense that it has emerged since the last time many D&O policies were written. This post details some of the new risk scenarios, and recommends that directors and officers review their policies and do what they can to get them rewritten in ways that will cover some of those risks. “Directors and officers should review their existing D&O policies and request changes aimed at maximizing coverage for cyber liabilities, where necessary. Just as directors and officers must adapt to the growing cyber threat, so must their insurance.”
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