Data-Breach Losses Returned

July 2008
Best's Review;Jul2008, Vol. 109 Issue 3, p26
Trade Publication
The article reports that Lockton Inc. and Lloyd's underwriter Kiln Syndicate 510 has introduced a new product called Data Breach Reputation Guard. The product helps firms who suffered from reputational damage after data breaches caused by highly publicized hacker attacks. According to Dan Trueman, Kiln special risks underwriter, the product is part of the company's Resiliency Insurance package, which reimburses businesses for loss of net profit and other related expenditures.


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