Chicago partner Ken Dort was quoted in a Healthcare Risk Management article titled “Cyber-insurance Now a Necessity, But Choose Coverage Wisely.” The article outlines the different types of cybersecurity coverage available to organizations, offering guidance on how to select a policy. It also addresses the growing threats that make cyber-insurance a necessity, particularly for hospitals and health systems.

Ken notes that cyber-insurance is only one part of an overall cyber-risk program and says that the type and extent of cyber-insurance a company should buy depends on the types of data stored and processed by the company, as well as the amount of resources the company can afford to devote to cyber-defense. Ken adds that because there are many options covering the entire spectrum of risks and system protections, it is important to understand what any proposed package covers before purchasing it.

Source: Healthcare Risk Management