Some of the greatest risks for public entities involve the data that is stored, especially with regards to personally identifiable information, health records, the length of time records have to be maintained and reliance on third party vendors.
These risks lead to several challenges of purchasing cyber insurance. As public entities’ length of record retention increases, limited resources for IT and lack of allocation of funds, especially as technology continues to evolve requires heavier reliance on third parties.
*The views and opinions expressed in the Public Risk Management Association (PRIMA) blogs/podcasts are those of each respective author/speaker. The views and opinions do not necessarily reflect the official policy or position of PRIMA.*
Assistant Vice President, Cyber Insurance, US, Aon
Annie works with clients in assessing their professional liability, cyber liability, media risks and placing risk transfer solutions that address their needs. Her responsibilities include coverage analysis, market relationship management, policy negotiation and keeping her clients abreast of evolving risks.
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