CNA offers lawyers data breach and network security endorsement

CNA Financial Corp. said Wednesday that it has launched a lawyers’ data breach and network security endorsement as part of its lawyers' professional liability policy.

The policy provides coverage for network damage claims up to the policy limit, as well as coverage up to $20,000 for costs associated with regulatory investigations from violations of privacy breach notice laws that occurred in the rendering of legal services, Chicago-based CNA said in the statement. 

In addition, coverage includes reimbursement of expenses incurred in response to a privacy event, including forensics, notification, privacy breach notice compliance and credit monitoring services costs, according to the statement.

“The Federal Bureau of Investigation has warned law firms that they are a major target of hackers,” Kansas City, Missouri-based Michael Furlong, vice president of underwriting for the CNA lawyers' professional liability program, said in the statement. “CNA has responded to the increasing pressures of protecting sensitive data by creating this endorsement.”