Protect all pages on public-facing websites, not just the checkout and sign-up pages:: 71% of business owners acknowledge this is important but only 38% do it, according to U.S. Small Business Administration. (Photo: Simon Dawson/Bloomberg)

In a first-of-its-kind finding, the U.S. District Court for the District of Maryland has ruled that lost data and the compromised operability of a computer system resulting from a cyberattack, both qualify as "direct physical loss" under a businessowners policy.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor