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102379107 : there are only regards here spreading fear ..
888huat888 : Does insurance cover human mistake?
Chad Dunbar OP 888huat888 : It depends on the terms of the policy, but any exchange-listed publicly traded company shouldn’t be skimping on cybersecurity insurance coverage so much that they lack any coverage in a case like this….also, the legal department would be negligent if they didn’t insist on the coverage when reviewing the policy.
nickelrust : Yes, its not as bad as what many here are speculating.
102379107 Chad Dunbar OP : well said. and for certain industries, the regulators impose certain requirements on having cyber insurance. it is a big business and getting bigger. Berkshire Hathaway is into this.
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