A crime victim will need a deep bench when responding to a cyber incident. While the role of brokers, privacy counsel and forensic investigators is well understood, the contribution of insurance claim professionals cannot be overlooked.
A victim may have a number of questions during the initial stages of a cyber incident. However, without fail, we often hear the same question in the initial stages of response to a cyber event: Is this covered by my insurance?
The “big question” comes early and arises because the insured is facing a difficult situation that directly impacts their business in addition to trying to work through what may be unfamiliar coverages of a cyber insurance policy.
Many victims have…