Buying The Right Cyber Insurance Policy

The need has never been greater, but insurers are now excluding cyber risks from standard policies, both general liability and D&O. Specialized cyber policies, meanwhile, are not standardized. What should companies keep in mind as they enter this market? In this Today’s General Counsel article, McGuire Woods attorneys discuss how to estimate risks, both first-party and third-party, what kinds of policies are available to cover them, and what kinds of exclusions to watch out for.