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You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.From Traub Lieberman Straus & Shrewsberry
The NetDiligence 2014 Cyber Claims Study relies on data voluntarily provided by insurers about amounts paid out on cyber claims occurring from 2011 through 2013. Since the Study only accounts cyber claims reported to larger insurers, NetDiligence believes its study only accounts for 5-10% of the total number of all cyber claims handled in those years.
Among the highlights, the Study found that the predominant type of information exposed in any cyber claim remains personally identifiable information (“PII”). Under a definition of PII expanded to include email addresses and passwords, 97% of the information exposed constitutes PII. The remaining data exposed included protected health information (“PHI”) under HIPPA and payment card information (“PCI”).
Read the complete article at: A Look Back: NetDiligence 2014 Cyber Claims Study