In a Shifting Digital-Risk Landscape, Is Your GL Policy Leaving You Exposed?

Businesses are increasingly realizing that their traditional general liability policies may not cover the physical risks associated with cyber incidents. This shift has been accelerating since 2014, as the digital landscape has evolved rapidly, leaving many unprepared for the unique challenges posed by cyber risks. This development is crucial because the distinction between physical and digital risks is blurring, and inadequate coverage could leave companies exposed to significant financial liabilities. Companies need to reassess their insurance policies to ensure they adequately protect against modern cyber threats.