Insurance for Cybersecurity Incidents and Privacy Breaches

A cybersecurity incident or privacy breach caused or facilitated by an organization’s employees or other insiders can result in significant losses and liabilities. Insurance can be an effective way to help manage those risks. Recent Canadian court decisions demonstrate that the protection afforded by an insurance policy will depend on the language of the policy interpreted in accordance with established legal principles. For those reasons, an organization should obtain appropriate professional advice when making important decisions about privacy and cyber insurance.

To read BLG’s bulletin on this topic, click here.

This content has been updated on May 2, 2024 at 14 h 09 min.