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Insurance Coverage for CISO Liability: Analyzing New Options for Cybersecurity Professionals and Their Companies

A live 90-minute CLE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Tuesday, August 5, 2025

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, July 18, 2025

or call 1-800-926-7926

This CLE webinar will provide insurance counsel with the knowledge to analyze the availability of coverage for claims against Chief Information Security Officers (CISOs) under new CISO policies as well as reassess the challenges of finding coverage under traditional company policies such as D&O or E&O policies. The program will analyze the types of claims and liabilities to which CISOs are increasingly vulnerable after a data breach or alleged privacy violation, the impact of this increased risk on companies, how they are responding, and the current and emerging coverage disputes that the new policies are designed to respond to.

Description

Cybersecurity executives face ever-increasing and often staggering potential liability arising from data and alleged privacy breaches in the form of lawsuits, government enforcement, and investor or other class action litigation. In recent years, CISOs have faced criminal charges for alleged cover-ups and purported reckless conduct. Finding insurance to cover CISO defense or indemnity has been a challenge, and without protection, leaders and experts in this critical field will be unwilling to take on the necessary duties.

It is unclear whether D&O, E&O, EPL, or any other type of company policy extends coverage to claims against the CISO. Often the CISO is not an "insured" under these policies. Allegations of intentional and criminal conduct as well as government investigations are often excluded. Nonetheless, sometimes multiple policies can be read together to find coverage.

As a result of these gaps and ambiguities, and growing risk, specific CISO policies are now available, but they must be carefully analyzed. These new policies may leave holes and still have exclusions that must be navigated. Counsel will need to analyze the specific policy language, conditions, provisions, and exclusions, and apply them to the type of claim alleged and facts of the claim.

Listen as our panel of cyber insurance SMEs offers guidance about the types of claims and liabilities CISOs face, current and emerging coverages and disputes, exclusions and gaps, and conflicts that can arise between the CISO and the company.

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Outline

  1. Claims and potential CISO liability
    1. Private litigation
    2. SEC enforcement
  2. Challenges of finding coverage for CISOs under company policies
    1. E&O
    2. D&O
    3. EPL
    4. Cyber policies
  3. CISO policies
    1. Coverages
    2. Exclusions
    3. Gaps and open questions
  4. Recent case law and litigation trends

Benefits

The panel will review these and other key issues:

  • Potential implications of a cyber incident for CISOs
  • What is the overlap of or interplay between D&O and cyber policies?
  • Can D&O and cyber policies work together to protect the CISO?
  • What are the coverages, limits, and advantages of specific CISO policies?

Faculty

Economidis, Nick
Nick Economidis

Vice President
Crum & Forster

Mr. Economidis is Vice President in the professional liability department for Crum & Forster, responsible for...  |  Read More

Teshima, Darren
Darren S. Teshima

Partner
Covington & Burling

Mr. Teshima helps corporate policyholders resolve their most complex insurance coverage disputes by providing both...  |  Read More

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Early Discount (through 07/18/25)

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Early Discount (through 07/18/25)

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

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