Richard Bortnick (Of Counsel-San Diego, CA) co-authored
"Cyber Security Checklist: Cover Your Bases" for the July
20, 2021, edition of the AMWINS Newsletter. With
increasingly severe ransomware attacks and a May 12, 2021,
executive order from the White House on improving the nation's
security, it is clear that companies need to prepare for
cyber-events. To prevent potential million-dollar losses, Rick and
co-author David Lewison, national professional lines practice
leader with AMWINS Brokerage, outline common exposures and provide
best practices for risk mitigation before a cyber-event occurs.
"The right combination of a well-placed cyber liability
insurance policy, compliance knowledge and review, employee
training, and loss mitigation services is an effective approach to
reduce a company's cyber risks and potential
exposures."
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
Gloss