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BELLEVUE, Wash. – A recent survey by Assurex Global, a risk management/commercial insurance brokerage group, and Clearswift, an electronic solutions provider, reveals that U.S. employers are making only a half-hearted effort to keep the workplace free from e-disasters including legal claims, malicious hackers, viruses, and security breaches. The survey finds that although 19% of employers have battled lawsuits stemming from e-mail/Internet abuse, 31% have experienced the loss of confidential information/intellectual property via e-mail, and 35% have terminated employees for e-mail/Internet misuse, few employers have implemented a comprehensive e-risk management program to limit electronic exposures and reduce liability. In addition, while 28% of employers are concerned about confidentiality breaches and 37% have experienced the intentional theft or accidental loss of data, few are taking advantage of cyber-insurance protections. Of the companies surveyed, 22% have crime loss coverage, 6% have unauthorized access/unauthorized use coverage, and only 2% have purchased extortion and reward policies. The companies surveyed report owning the following e-insurance products: Electronic Data Processing Insurance that extends beyond general business liability policies (6%); Media Liability Insurance (3%); Patent Infringement Insurance (6%); Computer Software and Services Errors & Omissions Insurance (13%); Product Liability Insurance (10%); and Director’s and Officer’s Insurance (19%).

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