The news frequently reports data breach incidents, and many more incidents go unreported. A 
hacked computer system; a stolen or lost laptop or smartphone; stolen, misplaced, or improperly discarded or shredded paper files; or unauthorized data file access by a current or former employee — the numerous ways in which data breaches occur require organizations to be vigilant.
According to the Identity Theft Resource Center, more than 360 data breaches exposing more than 7.5 million records have been identified thus far in 2013.
A joint study released last week by Experian Data Breach Resolution and the Ponemon Institute shows that “companies now rank cyber security risks as greater than natural disasters and other major business risks.” The study also indicates that while only about 30 percent of companies now have some form of cyber liability insurance, many more are exploring the possibility of insuring those ever-present exposures.
What tools do you have to help your customers address their cyber-related exposures?
ISO’s cyber liability insurance program provides tools for the risk of doing business in a cyber world.
Shawn Dougherty
Shawn Dougherty is the assistant vice president of ISO's Specialty Commercial Lines Division. He is responsible for providing the overall direction, leadership, and client service for ISO's cyber liability (e-commerce), D&O (management protection), businessowners, crime and fidelity, financial institutions, employment-related practices liability, and professional liability (other than medical) insurance programs. He is also the ISO product manager for the Lloyd's Wordings Repository, an electronic database of policy wordings and clauses regularly used within the London market. Mr. Dougherty has worked at ISO since 1988.