Two data breaches of government systems have made headlines since late May. One involved the Internal Revenue Service where hackers gained access to 104,000 tax returns. This pales in comparison to the hack of the Office of Personnel Management where the personal data of 21.5 million current and former employees, as well as applicants was breached.
I attended a class on cyber liability insurance earlier this week. It was hosted by one of my commercial insurance companies in their Richardson office. It covered a brief history of this insurance, outlined what’s covered, requirements, potential liability issues and impact, as well as data breach trends.
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