Guidelines on data breach insurance released.

• Position: RISK MANAGEMENT - Brief article

Commercial records and information management companies now have a resource to help them make sense out of industry-specific insurance coverage--especially for data breaches. That help is a new industry guideline published by PRISM International, "Risk Management and Insurance for the Commercial Records and Information Management Services Industry."

"Some types of coverage can be confusing. Making a mistake in coverage related to data breach can destroy a business," explained co-author Brian Jungeberg of Brightstone Insurance.

According to co-author Jim Booth, former executive director of PRISM International and now with Brightstone Consulting, the guideline contains...