Cyber Risk is growing, bloggers beware !
In Maryland a Baltimore county councilwomen is suing a blogger for 21 million for blogging about her residence. The issue arose from the blogger's posts that the councilwomen did not live in the district she was running for. This political tactic may have back fired as the councilwomen brought suit. This shows the increasing risks that cyber writers face. Right or wrong the blogger must defend themselves from the suit. In order to risk manage the internet, bloggers and companies that use bloggers should buy insurance.Cyber insurance would pay for this defense and would also pay for any judgements. This product is still new and as claims arise and court cases are determined the coverage will get better defined. No matter how untested this type of insurance is, companies and bloggers should look to purchase this coverage. Until next time be careful out there and know your risks. K