Cybersecurity & Privacy Predictions For 2018

Cybersecurity & Privacy Predictions For 2018

January 1, 2018, Law360

John Buchanan is quoted in a Law360 article providing cybersecurity and privacy predictions for 2018. 

Commenting on cyber insurance, which may increase in popularity, Buchanan cautions that policyholders should be cognizant of when there may be coverage for cyber-physical losses, such as bodily injury from the hacking of a medical device or property damage from the breach of networked infrastructure or industrial control systems. "Most cyber policies exclude bodily injury and property damage," he says. "Meanwhile, some insurers argue that recent amendments to standard general liability policies—traditionally purchased to cover bodily injury and property damage—now preclude coverage for cyber-related perils. Some insurers have recently touted new insurance products to fill the gaps. But are they actually available at an affordable price, and do they actually accomplish what they claim to do?"