Cyber insurers won’t cover stupid, clueless, sloppy or lax

Insurance companies are refusing to cover stupid and clueless customers. That’s what the headlines read in a series of articles in May 2015 about a 2013 data breach at Cottage Health System in California. Cottage Health’s insurance company, Columbia Casualty, is refusing to cover the costs of the breach (about $4 million) arguing it doesn’t have to pay out “when the insurer has been bone-headed about security.” Some consider the denial a trend. … Read More