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Browse: Home / 2020 / February / 10 / Cyber Insurance Purchases Will Surge With California Privacy Law

Cyber Insurance Purchases Will Surge With California Privacy Law

By Securities Docket on February 10, 2020, 10:29 am

U.S. companies are turning to cybersecurity insurance to protect themselves from lawsuits and fines with enforcement of California’s landmark privacy law set to begin July 1, attorneys say.

San Francisco-based Coalition, which calls itself the fastest-growing cyber insurance provider, got more than 2,000 requests for policies in December and January to protect against California law violations, said Joshua Motta, Coalition’s CEO. A “surge” in buying will follow the first lawsuits and enforcement actions, he said.

via Cyber Insurance Purchases Will Surge With California Privacy Law.

Posted in Data Breach, Industry, Top | Tagged CCPA, Cyber Insurance

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