Cyberinsurance Claims: The Biggest Payouts


Claims For Improper Collection Of Personal Data

California passed the Song-Beverly Act in 2011, which changed the definition of personally identifiable information and placed restrictions on whether organizations can collect ZIP codes and other indentifiable information. Four claims involved the improper collection of sensitive data. Twelve claims resulted from losses caused by lawsuits that were brought on following the passage of the Song-Beverly law. NetDiligence said organizations experienced losses for lawsuits involving online copyright infringement, weak passwords and unencrypted email.

 



Next Page