Cyber Insurance — Key First-Party Coverages
For companies large and small, the risks of data breaches and other cybersecurity incidents such as ransomware attacks are substantial and growing. What types of cyber insurance coverage are right for your company or client?
Here, Darren Teshima (Partner and Co-Chair of Complex Litigation at Orrick) details the types of attacks and related losses that are likely to be covered by first-party cyber policies, including a relatively new type of coverage for events of cyber extortion.
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DISCLAIMER: Because of the generality of this material, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.