Wednesday, October 22, 2014

Why You Shouldn't Count On General Liability To Cover Cyber Risk

From DarkReading.com:

Why You Shouldn't Count On General Liability To Cover Cyber Risk

"As the legal troubles for P.F. Chang's restaurant chain kept piling up over the breach discovered this summer affecting 33 of its locations, its legal team made an insurance end-around play that many enterprises try after a breach. It filed a claim for coverage under its comprehensive general liability (CGL) policy. But a lawsuit filed earlier this month from its general liability insurer, Travelers Insurance, offers a good lesson to organizations on why this ploy rarely works."

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