We’re going to see more liability claims against directors and officers (D&O) over cyber incidents in 2018, according to Aon’s cybersecurity arm, Stroz Friedberg.

While cyber D&O claims have been largely dismissed in the past, escalating cyberattacks and a regulatory clampdown mean D&Os are likely to be increasingly held responsible for the handling of cyber incidents, according to the newest report from the firm.
Currently, cyber events rank among the top three triggers for D&O derivative actions, but these claims are expected to intensify in 2018, the Stroz Friedberg report found.
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January 22, 2018 No Comments vanheldenagencies Business Insurance, Cyber Insurance