Tips for Purchasing Cyber Insurance
As a result of the dramatic increase in cyberattacks that have occurred since the start of the COVID-19 pandemic and the risks associated with lawyers working remotely and using unfamiliar technologies, cyber insurance has become an important consideration for many law firms.
For lawyers who may not be familiar with cybersecurity, the thought of completing a cyber insurance application and deciding how much coverage to purchase can be intimidating.
The NYSBA Committee on Technology and the Legal Profession has issued a new alert, “Tips for Purchasing Cyber Insurance,” to help lawyers navigate this process.
- What the application process involves?
- Questions about your risk management processes
- How to select an insurance broker
- Common risk management services included with cyber insurance.
Laurie Kamaiko and Mike Mooney, both members of the Committee’s Cybersecurity Subcommittee, prepared the alert.