November 1, 2018
Published in CyberInsecurity News
Excessive employee access may even affect a company’s insurance coverage. Underwriters “may not only frown upon this practice,” said Kevin Kalinich, a managing director at Aon. “They may exclude data that is disclosed that should not have been open access.” As a result, the insurance company may not cover defense or indemnity for that data, if it’s exposed.
Another matter companies would do well to attend to before a breach is getting to know their regulators. Company lawyers should introduce themselves to local representatives, Rhodes advised, so that if and when they’re confronted by a crisis, they know whom to call. There may not be time when trouble lands, she said.
Read the full CyberInsecurity News article here.