Tuesday, November 08, 2022
Cyber Coverage Pitfalls
Is Your Law Firm’s Cybersecurity Insurance Policy Really as Ironclad as You Think? By Robert W. Wilkins AN OFT-REPEATED mantra in business and technology is that it’s not a question of if a data breach will happen, but when. The average cost of a corporate data breach in the United States is nearly $9.5 million, according to an IBM report published in 2022. Without adequate cybersecurity insurance, companies (and law firms) might find themselves facing a double threat: being the victim of a breach and