Broker Perspective: the Perils Fire, flood and earthquake vs. virus, hack, and external connectivity

• What are the "insurable" cyber risks?

• First party loss

  • Lost, damaged, or corrupted data
  • Loss of income
  • Extra operating expense
  • Extortion

• Third party loss

  • Content Injury
  • Failure to deliver services
  • Other network liabilities: spread of virus, host DDS, HIPAA, GLBA, Sarbanes-Oxley