Ken Dort Discusses Cyber-insurance in Healthcare Risk Management
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.