Cyber attacks from hackers and also other external sources acquire a great deal of media attention. However, the opportunity of an attack internally the firm can be just as real, and that you will ‘t be covered to your damages.
Cyber liability coverage is fairly new and so are constantly evolving to satisfy new and changing threats. Policies may have a gap in coverage when the cyber attack is internal in lieu of external, meaning you would not be covered for virtually any subsequent damages. Some policies may outright exclude coverage for any attack stemming from unauthorized use or access of web data by employee, but some may have an exclusion for one specific number of insiders.
It is very important remember to be completely covered in the case of a cyber attack, whether the attacker is really an inside and out source. Talk to your Neckerman agent to go about your policy to check out any gaps in your own coverage.