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Insurance Coverage for Data Breaches

Data breaches have resulted in hundreds of millions of data records being illegally accessed. Home Depot, Target, Michael’s, TJ Maxx, Snapchat, Facebook, Twitter, Sony, Kmart, Apple’s iCloud, First Commonwealth Bank, and P.F. Chang’s are just a few of the companies that have reported a major data breach. The Russian hacking of the Democratic National Committee during the 2016 Presidential campaign may have impacted the election. Similarly, DDos (Denial of Service) attacks have targeted banks and other financial service providers. http://www.lexology.com/library/detail.aspx?g=938c0783-bc64-407c-acc9-bcf92bb0eeff

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