Scott Godes, partner and co-chair of the firm’s Data Security and Privacy Practice Group, was recently quoted in a Law360: Insurance article, “Data Breach Report Shows Cyberinsurance Not A Cure-All.”
The article discusses how companies are managing cyber risks and turning to cyberinsurance policies to handle data breaches. The article highlights a recent study discussing the size and scope of common data breaches and whether cyberinsurance policies would respond to such incidents.
Scott is quoted in the article saying, “There are some policies that have a retention or deductible that can be significantly lower for the costs of forensic investigation, breach letters or crisis management than the deductible for putative class actions and dealing with regulatory investigations.”
Read the full article here.
