National Association of Insurance Commissioners
https://www.naic.org/
The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory support organization created and governed by the chief ...

https://www.naic.org/


Risks Not Generally Covered By Cyber Insurance
Exposure Losses not covered Considerations
Reputational
Damage

• Reduced value of Company’s brand. Global Brand Recognition.
Remediation
Costs
• Costs to remediate systems or improve the network or
controls beyond that which existed prior to a cyber-attack or
data breach.
• Costs to coordinate with law enforcement efforts.
No coverage for costs related to
post-event system improvements.
Theft of
Intellectual
Property
• Theft of any intellectual property.
• Lost or diminished value.
Publication of IP to public internet
(Sony Pictures hack).
Cyber Crime • Theft of funds from Company. No coverage for employee initiated
loss to Comp