MLIS

Cyber and Privacy Liability Exposures and How to Insure Them

Course Details

price
$149.00
This course is not subject to discount pricing.

Additional Credit Available:

Add AFIS Renewal Credit
Add CRIS Renewal Credit
Add ERIS Renewal Credit
Add MRIS Renewal Credit
Add TRIP Renewal Credit
Add Insurance CE
Add CPA CPE

Delivery Method: 

QAS Self-Study

PDF Download: 

Available

Provider of Record: 

WebCE

Field of Study: 

Specialized Knowledge

Last Reviewed: 

August 2024

Study Level: 

Intermediate

Prerequisites: 

None

Access Period:

12 months

Exam Requirements

Proctor Required: 

No

Passing Grade: 

70%

Questions: 

50

Retakes: 

Unlimited

Please note: Adding Additional Credit may change exam requirements.

Overview

Virtually all organizations face risks from the Internet and e-commerce, leading to various liability and property loss exposures. This course reviews these exposures and the insurance policies designed to cover them. It also examines common exclusions in cyber and privacy policies, highlighting how variations in wording impact coverage.

Learning Objectives

  • recognize the 10 key areas of confusion inherent in cyber and privacy coverage, beginning with the fact that it is referred to under different names by different insurers
  • list and describe the three major types of third-party liability losses and the eight major types of first-party property losses that result from cyber and online activities loss
  • identify various loss control measures that can be applied to eliminate, or at least reduce, the extent to which a business can be financially impacted by these loss exposures
  • identify the most important exclusions found within cyber and privacy forms, explain how different insurers’ versions of these same exclusions vary, and understand how such differences impact the scope of coverage the policies provide

Designed For

Property and casualty risk, safety, insurance, and finance professionals

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Advanced Preparation

None

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.