Cyber Risk & Insurance Cover - The Essentials

Introduction

In recent times a number of UK businesses reported having experienced cyber security breaches or attacks. There can be no doubt, therefore, that cyber is now a huge risk factor for any commercial enterprise and the need for cyber insurance has never been greater.

This webinar will help anyone involved with the management of risk and their legal advisers to understand how insurance is responding to cyber risk and some of the legal issues which arise including the scope and limitations on the cover available.

What You Will Learn

This webinar will cover the following:

• The different kinds of cyber risk, including malicious and non-malicious acts, ransomware, phishing and denial of service attacks
• Potential first and third-party exposures from cyber incidents
• The scope of cover under a typical cyber insurance policy
• Cyber policy terms and features
• Typical cyber policy exclusions
• The interaction between cyber insurance and other types of insurance policy including 'silent cyber' cover
• Exclusion of cyber cover in non-specialist policies
• Cyber and war exclusions
• The regulatory background
• Reinsurance issues

This webinar was recorded on 31st August 2022