Press Release

IRMI Releases Complimentary E-book What Every Insurance Professional Should Know about Network Security and Privacy Liability

Dallas, TX, March 14, 2012—International Risk Management Institute, Inc. (IRMI), recently released a complimentary e-book What Every Insurance Professional Should Know about Network Security and Privacy Liability.

The 35-page e-book discusses the most relevant laws and regulations that impact data security and privacy liability exposure. It presents statistics on data breaches and discusses different types of breaches. Lastly, it analyzes the current insurance market for cyber liability, particularly focusing on network security and privacy liability coverages.

The e-book authors are Peter R. Taffae, Managing Director, and M. Damien Magnuson, Senior Vice President, of ExecutivePerils, Inc. ExecutivePerils is a wholesale brokerage firm that has been a leader in procuring insurance for cyber, privacy, and related risks.

Jack Gibson, President & CEO of IRMI, said, "Because all entities of any size are exposed to privacy liability, it is critical for virtually every insurance professional to understand these risks and how to manage or insure them. These emerging risks must be addressed before a data breach occurs, and we’re working hard to educate insurance and risk management professionals about how to do so."

The e-book, What Every Insurance Professional Should Know about Network Security and Privacy Liability, is now available without charge at http://www.irmi.com/go/privacy.