Coming To A CGL Policy Near You: Data Breach Exclusions

Coming To A CGL Policy Near You: Data Breach Exclusions

Against the backdrop of Target Corp.’s massive data breach and the recent Heartbleed headache, the insurance industry’s imminent implementation of a series of new cybersecurity data breach exclusionary endorsements, which were issued for use with standard-form liability policies, should prompt organizations to carefully review their insurance policies for potential data breach coverage and consider purchasing cybersecurity insurance, says Roberta Anderson of K&L Gates LLP.

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