Why Risk Managers Should Review Their Cyber Insurance

Cyber Policies Start to Show Their Limitations
– Business Insurance
Business Insurance interviewed Manatt’s Stephen Raptis, a partner in the firm’s insurance recovery practice, for an article about gaps in cyber insurance policies.
 
Raptis warned retroactive dates should be checked in the cyber cover and negotiated. “I've seen more claims denied on that ground in these cyber policies than on any other ground,” he said of the issue that is a particular problem for first-time buyers. If a cyber event occurred before the issue date, “there's not going to be coverage.”
 

Read the article here