Once an incident occurs and an investigation is necessary, it is too late to then try to understand the company’s cyber liability insurance coverage. Cyber policies vary widely, with dramatic differences in coverage. This panel will provide a comprehensive review of cyber liability insurance, including: • an overview of a typical cyber liability insurance policy • the typical structure for a cyber-insurance program • unique coverage issues • key provisions that are negotiated in a cyber-liability insurance policy • selection of the right policy limit and retention • claims handling requirements. The panel will discuss the usefulness of the cyber policy as one of several tools to address what many view as the inevitable security breach.