Privacy and Security Law – The New Normal

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Cyber Insurance and Ransomware: Traditional Property Policy Held to Cover Cyber Loss

Posted In Construction, Cybersecurity

Are you covered?

Do you carry cyber insurance for your business? Do you know whether it covers “ransomware” attacks that delete or disable your data unless you pay the hacker to release it?

Ransomware attacks are increasingly common in all industrial sectors, and they frequently hit smaller and medium-sized companies. Such businesses make good targets, because they are less likely to have in place a robust security and incident response plan, and therefore have no alternative way to get their business data back in place.

Continue reading Cyber Insurance and Ransomware: Traditional Property Policy Held to Cover Cyber Loss ›

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