Bringing Data Privacy and Cyber Insurance Together with Bitsight
The cyber insurance industry continues to face challenges related to traditional cyber security risks, and more recently, data privacy risks. In many cases, traditional cyber insurance policies may cover legal fees or costs related to a data privacy infringement. Organizations not only get hit with class action lawsuits following incidents like breach of PII/PHI, but are seeing demand letters from law firms who are looking to protect their clients from any possible disclosure of their sensitive data.