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Third-party liability claims from privacy violations and data breaches are remaining open and predicted to grow exponentially in the face of rising costs, ongoing expenses and limited insurance coverages. In light of the Crowdstrike IT outage, and recently the HealthEquity breach that impacted 4.3 million Americans, PropertyCasualty360.com spoke to Jennifer Wilson, head of Cyber at Newfront, about how the rise in third-party claims represent a significant financial burden for organizations.

Property & Casualty

September 03, 2024, 11:30 AM