Available in:

OnDemand Course

Insurance Coverage for Data Breaches

Maximize your company's insurance coverage in the event of a data breach or network intrusion.

Businesses in all industries are vulnerable to data breaches, network intrusions, data privacy claims, and cyber theft or extortion. A privacy event involving a company's loss, theft, or inadvertent disclosure of data, whether from employees, users, or customers, implicates a complex web of state and federal laws and regulatory frameworks. On top of this, the often-required public disclosure of a company's loss, theft, or inadvertent disclosure of data is likely to invite demands, litigation, or a government investigation. In other words, data breaches and network intrusions can become expensive problems for a business. This presentation provides business leaders, in-house counsel, risk managers, and privacy professionals with the tools to understand how to maximize your company's insurance coverage in the event of a data breach or network intrusion. We will first focus on the types of claims likely to arise out of a data breach or network instruction and the aftermath, followed by a discussion on the core types of insurance coverage that are likely to respond to a data breach, network instruction, and any claims, lawsuits, or investigation that follow. The program will close by providing best practices on how to prepare and report claims and proofs of loss to your company's insurer(s) and by briefly discussing ways to leverage commercial agreements to provide additional avenues to obtain insurance coverage in the event of a data breach or network intrusion. This information will help you better prepare your company to anticipate and respond to a data breach or network intrusion.

65 minutes
Course Exam
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

The Rise of Data Breaches

  • Understanding the Increased Risks to Your Business
  • Why Insurance Matters

Potential Claims Likely to Arise Out of a Data Breach

  • First-Party Claims
  • Theft and Fraud
  • Investigation Costs
  • Cyberextortion
  • Computer Data Loss and Restoration
  • Business Interruption
  • Property Damage
  • Third-Party Claims
  • Regulatory Claims
  • Credit and Fraud Monitoring
  • Common Law Privacy Claims
  • Statutory Privacy and Consumer Protection Claims
  • Financial Loss

Understanding the Types of Insurance That May Respond to a Data Breach Claim

  • Commercial General Liability
  • Cyber Risk/Cyber Liability
  • Errors and Omissions Liability
  • First-Party Property Coverage
  • Directors and Officers Liability
  • Commercial Crime Coverage

Responding to the Claim: Insurance Reporting Best Practices

  • General Best Practices
  • Incorporating Insurance Reporting Into Your Data Breach Response Protocol

Finding Additional Insurance From Other Potentially Responsible Parties

  • Understanding Your Commercial Agreements and Any Insurance Requirements

The Importance of Additional Insured Rights

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on February 23, 2023.

Call 1-866-352-9540 for further credit information.

  • AK CLE 1.0
     
  • Alaska attorneys may receive 1.0 hours of continuing legal education for completing this program. Please contact the Alaska Bar Association or go to www.alaskabar.org for details regarding reciprocity with other states.
     
  • AL CLE 1.1
     
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.1 hours credit.
     
  • AR CLE 1.0
     
  • This course has been approved for 1.0 hours of CLE by the Arkansas CLE Board.
     
  • Arizona CLE 1.0
     
  • The Arizona State Bar does not pre-approve or pre-certify MCLE programs. However, records of this program and attendance will be maintained by Lorman Education Services for auditing purposes. This activity may qualify for up to 1.0 hours toward your annual CLE requirement for the State Bar of Arizona.
     
  • CA MCLE 1.0
     
  • Lorman Education Services is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit.
     
  • CT CLE 1.0
     
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
     
  • GA CLE 1.0
     
  • This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.0 CLE hours.
     
  • HI CLE 1.0
     
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.0 CLE credit hours.
     
  • IL CLE 1.0
     
  • This course was approved for a total of 1.0 hours of MCLE Credit by the Illinois MCLE Board.
     
  • MO CLE 1.3
     
  • This course qualifies for self-study CLE credit in Missouri.
     
  • NH MCLE 1.1
     
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this Ondemand course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 64 Minutes.
     
  • NV CLE 1.0
     
  • This program has been approved by the Nevada Board of Continuing Legal Education for 1.0 CLE hours.
     
  • PA CLE 1.0
     
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.0 hours of substantive law, practice and procedure CLE credit.
     
  • RI CLE 1.0
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.0 hours of CLE credit.
     
  • VT CLE 1.0
     
  • This self-study program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.0 hour(s) of CLE credit. Please note: Attorneys may only claim 12 credits per compliance period in this format. This course is considered "Non-Moderated Programming without Interactivity".
     
  • WA CLE 1.0
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.0 hours of A/V credit under the Law & Legal Procedure category.
     
  • WV MCLE 1.3
     
  • This program has been approved by the West Virginia State Bar MCLE Commission for 1.3 MCLE hours.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Bradley H. Dlatt

Bradley H. Dlatt

Perkins Coie LLP

  • Counsel in the insurance recovery practice in Perkins Coie LLP’s Chicago office
  • Practice focuses on providing insurance counseling to businesses and resolving insurance coverage disputes, including representing corporate, non-profit, and individual policyholders in coverage mediation, arbitration, and litigation
  • Recognized by Business Insurance as a 2022 Break Out Award winner, recognizing the top professionals under 40 years old in the insurance industry
  • Regularly writes and presents on insurance coverage issues
  • Can be contacted at [email protected] or 312-324-8499
Peter L. Tracey

Peter L. Tracey

Perkins Coie LLP

Peter Tracey

  • Senior counsel in the insurance recovery practice in Perkins Coie LLP’s Washington, D.C. office
  • Represents policyholders in the resolution of complex coverage disputes under various lines of insurance
  • Recognized as leading insurance counsel in Best Lawyers in America and Super Lawyers
  • Can be contacted at [email protected] or 202-434-1686
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 410463
Published 2023
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!