PHILADELPHIA, August 03, 2011 – NetDiligence®, a leading cyber risk assessment and data breach services company, announced today it has published Cyber Liability & Data Breach Insurance Claims –A Study of Actual Payouts for Covered Data Breaches.
While previous studies have shed light on data breach events through anecdotal information, the NetDiligence study uses actual cyber liability reported claims to illuminate the real costs of such incidents. The report summarizes NetDiligence’s findings for a sampling of data breach insurance claims that occurred between 2005 and 2010 in a variety of industries, including healthcare, financial services, retail, information technology, manufacturing and education.