You’ve been breached, so what does that mean with cyber insurance?
Healthcare organizations must carefully choose the right cyber insurance policy and carrier to protect themselves in the event of a data breach. After a breach, organizations need to notify their insurance broker immediately to determine if there are any potential objections to coverage. Each insurer will have its own preferences on how to handle a breach, including the use of preferred vendors and investigators. It is important for organizations to negotiate upfront to have control over their choice of investigative team and council.