Spencer Fane attorney Laura Fischer recently published an article in Law360 discussing the merits of cyber insurance for the protection of employee benefit plans.
Titled “Protecting Employee Benefit Plans With Cyber Insurance,” the article outlines reasons employers should consider obtaining cyber insurance, protections that a plan should include, possible drawbacks, and best practices for finding the plan with the appropriate coverage.
“Cyberattacks have managed to invade all walks of life, and employee benefit plans are no exception,” Laura explained. “When a plan is attacked, the fallout can be overwhelmingly expensive and burdensome to correct.”
To read the full article, please click here.