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Articles

Best Practices: Selecting Cyber Insurance Coverage

  • By Staff Writers
  • Published: 7/29/2014

At the recent CTC Corporate Treasurers Forum in Chicago, Lisa Joublanc, CCM, CFA, Vice President and Treasurer for Global Payments, and Mary Guzman, Senior Vice President and E&O Practice Leader, McGriff, Seibels & Williams, discussed what treasurers need to consider when selecting cyber insurance coverage. They also provided an in-depth look at the 2012 cyber breach incurred by Global Payments. The payments processor switched cyber insurance brokers midstream when it realized its coverage was not adequate.

 

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