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• CYBER RISKS
  
• INSURANCE DEFINITIONS
• INSURANCE SOURCES
• OTHER RESOURCES

Cyber Risks

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Some of the problems with standard polices when it comes to insuring Cyber Risks are as follows:

• Exclusions and definitions in policies limit cyber-risk coverage.
• Many companies do not have errors and omission coverage or such coverage contains security breach exclusion.
• Advertising injury coverage under General Liability does not completely address intellectual property infringement, content, and advertising offenses over the Internet.
• Under property policies, Business Interruption/Extra Expense is triggered if the direct loss is insured. Property direct losses were designed for physical assets and physical perils, not information assets and electronic risk.
• Intellectual property stored electronically is valued as "data."
• Crime policies contain confusing exclusions and limitations with respect to employee dishonesty and computer fraud.
• Policy coverage is not global.

More insurance companies are addressing these issues by providing specifically designed coverage whilst at the same time standard forms of coverage are becoming more restrictive, with cyber risks exclusions appearing in property and casualty policies.

Businesses with a web site or a computer network face potential liabilities associated with the technology based risks of:

• intellectual property
• privacy
• network security
• data integrity

Insurance Definitions

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For definitions of various forms of insurance refer to Insurance Marketplace (Rough Notes)

Insurance Sources

(General - Not necessarily accessible by TCIM)

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• ccbsure.com
• CFC Underwriting - Specialist Underwriting Agency concentrating entirely on insurance solutions for:
1. the risks that technology companies face, and
2. the risks that companies face from technology.
• Creechurch International Underwriters
• InsureNewMedia.com
• InsurePro.net - InsurePro.net has been designed to be a one stop-shop for professional liability insurance. Our products encompass ALL forms of liability insurance - EPLI - Employment Practices Liability Insurance, D&O - Directors and Officers, E&O - Errors and Omissions insurance, and Group Personal Liability. Limits available up to $20,000,000. Worldwide coverage available. Products available in most states (not HI or WY) and now also Canada and the United Kingdom.
• IT Risk Managers - IT Risk Managers, Inc. (ITRisk) has positioned itself as a premier “Virtual Insurance Wholesaler,” designed with the agent in mind. It is the goal of ITRisk to work with the insurance industry and its’ agents to assist them in marketing Internet and Technology insurance. ITRisk provides the insurance industry and, specifically, the agent with all of the tools necessary to compete in the new world of technology. These tools include education and training, IT and Technology training, website development, resources, and website maintenance. IT Risk Managers is a “best practices company.”
• Safeonline Limited
• techshield - Aon site with on-line applications for High tech companies.  Through Wired for Growth™, Aon can help your organization implement a highly effective risk management program. Browse through our case studies to learn more about how we have helped other companies turn their risk into a competitive advantage.
• Trans Canada Insurance Marketing Inc.

Other Resources

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• Alexa - Web site stats.
• All Internet Security - All-Internet-Security.com brings you the best the Internet has to offer for the security products, from free antivirus and network monitoring tools, to security software downloads and trials, free ip address, and other trojan port scanning tools.
  Here, you will find the latest articles and technical resources on IT and computer security services. Whether you need temporary or permanent access to remote PCs, we have your solution. Daily updates of best software available currently on the Internet.
• B to B online
• CGI Group Inc. - Founded in 1976, CGI is the fourth largest independent information technology services firm in North America, based on its headcount of more than 14,600 professionals. CGI provides end-to-end IT services and business solutions to more than 3,000 clients worldwide from more than 60 offices worldwide.
• Computer Crime and Intellectual Property Section (CCIPS) - of the Criminal Division of the U.S. Department of Justice
• Computer Crime Research Centre
• David Hardesty - Current news and feature articles on taxation of e-commerce - for Net-entrepreneurs, tax advisors, educators, students, government policy makers.
• Destiny Solutions Inc - Web design and hosting for various insurance concerns.
• Electronic Privacy Information Center
• Gibson Research International - Testing of firewalls and a host of other projects.
• Internet Archive (Wayback Machine)
• INTERNET PIPELINE
• Internet Security Systems - Founded in 1994, Internet Security Systems (ISS) is a security software pioneer and global leader in information protection solutions dedicated to protecting its customers from today's and tomorrow's threats.
• IVANS
• Kessler International - Offer a full range of Forensic Accounting and Investigation Consulting services to protect companies against the dangers of fraud, counterfeiting, product diversion, trademark and copyright infringement, money laundering and the recent explosion in computer crime.
• Network Solutions - Business and personal are Web Addresses registered through Network Solutions' InterNIC services.  VeriSign.
• Privacy Exchange
• Privacy Rights Clearinghouse
• Riskebiz Internet Services Inc.
• Web Wise - E-business insurance article (pdf form) by Peggy Patterson of Aon.
• Who is Source