Navigating the waters of Cyber liability claims can be complex and confusing for policyholders.
Events that may trigger a claim are sometimes nebulous, such as when a data breach is suspected but not yet confirmed.
Clients, especially those with little or no technology savvy, might also have difficulty getting claims approved if they’ve been slow to identify and address potential threats. A business also could see its claim denied if it isn’t familiar with its policy’s exclusions and requirements.
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