For Immediate Release

Contact:
Katja Sipple
University of Washington School of Law

January 26, 2005

Insurance Coverage for Information Technology Risks?

Seattle – Technology can make life easier – think of e-mail, cellular phones and the Internet – but it can also make life very difficult. T-Mobile and its customers learned this the hard way, when a sophisticated computer hacker broke into the Bellevue, Wash.-based wireless giant’s network, and gained access to e-mail messages, personal computer files, dates of birth and Social Security numbers. The break-in made international headlines.

On Feb. 15, the Shidler Center for Law, Commerce & Technology at the University of Washington School of Law, is offering a seminar – part of its Business Briefing Series – designed to show companies how they can insure themselves against possible IT problems including data/network damage, hacking and security breaches. Participants will learn what sort of risks are not covered by insurance, how courts have dealt with IT-related insurance claims, and what kind of third-party claims businesses might face after a security breach.

“Today, small and large businesses store data electronically,” said Anita Ramasastry, co-director of the Shidler Center and an associate professor of law. “Businesses need to protect themselves against network intrusions and think about insuring themselves against IT-related risks.”

A panel of information security, insurance and legal experts, including David Brenner, head of the Insurance and Risk Management Group at Riddell Williams, CISSP-certified security analyst Steven Lee and Jamie Madonna with Armfield, Harrison and Thomas Insurance, will explore ways for companies to better identify and manage information technology risks.

The seminar will be held at the U.S. Small Business Administration, 1200 6th Ave., Suite 1700, Seattle. Registration will begin at 7:45 a.m., followed by a panel discussion at 8 a.m. and a Q&A session from 9:15-10 a.m. The event is co-sponsored by WSA, Washington State University’s Small Business Development Center and the U.S. Small Business Administration.

Shidler Center for Law, Commerce + TechnologyFor more information about the Business Briefing Series and to register, please visit www.law.washington.edu/lct/ or call 206.685.2636.

Insurance Coverage for Information Technology Risks brochure (pdf)