Insurance as a cybersecurity and privacy risk management tool

While organizations primarily manage cybersecurity and privacy risks through practices, policies and procedures, organizations often look to manage residual risks through insurance. Two recent Canadian cases illustrate how traditional insurance policies might provide limited or no coverage for losses and liabilities resulting from cybersecurity and privacy incidents.

Organizations that seek to manage residual cybersecurity and privacy risks through insurance should seek expert advice to ensure that the scope and amounts of insurance coverage are adequate to meet their requirements.

Read my colleague Danielle Windt’s bulletin on this topic.

This content has been updated on May 2, 2024 at 13 h 15 min.