Fear of the potentially catastrophic impact of cybercrime is leading many planners to seek insurance specifically tailored to fight high-tech perils.
“They want it,” says Daniel Bernstein, securities lawyer at financial consulting firm MarketCounsel. “At the same time, there are no requirements for cyber-insurance.” Just like figuring out actual technological defenses against hacking, choosing the right insurance coverage to fight new and emerging threats can be difficult.
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