Cyber Liability Subrogation is an emerging field requiring expertise and skill to effectively subrogate these nuanced claims. While the actual culprit is often unidentifiable, subrogation is a powerful tool when seeking legal accountability for those who had a responsibility to protect the victim from loss. These entities include network and data protectors, maintenance and security vendors, or any business partners that do not properly protect the data that is shared with them.
To assist in the subrogation of cyber claims, Rathbone Group analyzes which parties have exposure, what should have been done to protect the insured, as well as using a subrogation lens to review any contracts that may be an impediment to recovery.