Cyber Liability Insurance - Do You Need It?

An introduction to cyber liability insurance cover. If it is true that data breaches are happening every day, lawyers and doctors need to be concerned. We are bound to keep the client and patient information that we gain and store in the process of our representation confidential. When we keep that data on computers, and send it over the Internet, and store it in the cloud, we are required to take "reasonable precautions" to keep it safe. The problem, of course, is that it is impossible to define reasonable until a court says what it is. So, it is probably a good idea to insure against that risk, and an insurance product has been created to do that. I was alerted to this by WassonBayArea insurance, with whom I have other policies. You owe it to yourself and to your clients to evaluate your need for this product. Be safe out there.