Law Firms See Insurance as Bulwark Against Data Breach

David Johnson had just finished meeting with a cybersecurity consultant about beefing up the company’s protections when he learned the servers had been hacked.

As general counsel of Global Cash Access, a company that manages cash on hand for casinos, Johnson was highly concerned about protecting the company servers: Literally, millions of dollars were at stake. Hiring a consultant to sniff out vulnerabilities had been the first step taken by the company’s new senior vice president of IT, and everyone at the meeting had agreed the consultant should take the next few months to see if he could penetrate their computer system.

But ...