The Potential Role of Cyber-liability Insurance In Data Breach Litigation PDF
By:Eric McCoy
Published on 2016 by
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This paper aims to illuminate cyber-liability insurance's potential to alleviate the information asymmetry of the information security market, and to decrease defendants' liability in data breach litigation. To accomplish this end the paper elaborates the economic research under girding the nature of the information asymmetry problem. The paper also discusses the precedential background of data breach litigation and the current cyber-liability insurance market to explore how innovations in cyber-liability insurance stand to take advantage of the existing legal landscape. Finally, the issues of relying on cyber-liability insurance to set standards are presented and the paper concludes with a balanced assessment of cyber-liability insurance's potential.
This Book was ranked at 11 by Google Books for keyword Liability Insurance.
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