Why Do Aggregates Matter In Cyber Policies?
The website of British TV chef, Jamie Oliver was hit three times in four months by malware that potentially infects the computers of visitors to the site. The security company that found the exploit says the attack, which redirects users to malicious software, is similar to the previous two. Visitors would find their PCs compromised with a program running in the background that scans for and steals passwords, sending them on in a report to criminals behind the scam without the users’ knowledge.
Refer to the declarations page of your Insured’s cyber policy to determine what limits are offered. If it is unclear how the aggregates work, contact the underwriter involved to get a clear explanation. If you are looking to ensure that your client has quality coverage in place, please contact Patrick Costello (contact info above) or click the quote/appointment buttons below.