Beyond the Basics webinar covers data breaches, loss/damage from hacking and Internet extortion

DALLAS (April 16, 2015)—International Risk Management Institute, Inc. (IRMI), will present a new, complimentary webinar, “Cyber & Privacy Insurance Coverage: Beyond the Basics,” scheduled for noon CDT, May 14, 2015.

Nearly every week brings the announcement of either a major data breach or a multimillion-dollar claim payment that was necessitated by a breach. This year, on March 19, Target settled a $10 million class action lawsuit related to its 2013 data breach. On April 8, AT&T agreed to pay a $25 million fine to the Federal Communications Commission for permitting unauthorized access to personal information belonging to nearly 280,000 of its U.S. wireless customer accounts.

High-profile actions impacting large companies have, of course, been receiving considerable attention. Yet, in the current environment, even small businesses with no more than an e-mail address and a website are subject to cyberattacks. As a consequence, cyber and privacy insurance coverage has become a necessity for companies of every size.

This webinar will help anyone who is faced with the threats posed by data breaches, denial of service attacks, loss of/damage to critical data from hacking and malware intrusions, Internet extortion attempts or business interruption losses resulting from electronic exposures—whether as a risk manager, agent/broker or underwriter.

Register here for the webinar at no charge.

This webinar builds on the principles set forth in “Cyber & Privacy Insurance Coverage Made Simple(r).” That program, which we offered in September 2014, has been archived and is available for free here. We recommend that you listen to it—prior to attending “Cyber & Privacy Insurance: Beyond the Basics”—if you have not done so previously.