New Online Calculator Helps Companies Assess the Financial Cost of Data Theft

Darwin Professional Underwriters Launches Tech//404® Data Loss Cost Calculator

FARMINGTON, Conn., April 10 /- Darwin Professional Underwriters, Inc. (Darwin), (NYSE:DR), a leading specialty insurance company and provider of technology liability insurance coverage, today announced the immediate availability of an online calculator that allows companies to estimate their financial risk from data theft.

The Tech//404® Data Loss Cost Calculator provides companies, with a no- cost, easy-to-use, interactive tool to assess the impact of a data breach or identify theft data loss incident. Darwin analyzed data from published media reports as well as several well-known industry resources, including the Ponemon Institute's 2006 self-reporting security breach survey and cost analysis of thirty-one (31) companies spanning twenty-five (25) industry segments, to develop the tool's proprietary algorithms. The calculator can be accessed at Information on recently reported data losses is also available in the site's data loss archive at

"Until now, organizations have struggled to assess the scope of their financial risk should they be hit with a data loss incident," according to Adam Sills, lead underwriter for Darwin's technology and information liability initiatives. "Meanwhile, the explosion of corporate data collection and storage is putting nearly every organization at risk.

"Major data losses in health care, financial services, and retail industries are reported almost weekly," said Sills, "and the financial consequences can be severe. Affected companies can be hit with very substantial costs both from regulatory compliance and from liability issues. We believe it's imperative that organizations have a clear understanding of the bottom-line impact of data theft and that's why we created the Tech//404 Data Loss Cost Calculator. The quantification of business risk -- even a best estimate -- is often the quickest path to building awareness for CEOs and CFOS alike."

Estimates in Three Major Categories

Organizations can use the Tech//404 Data Loss Cost Calculator to immediately estimate their financial exposure in three major categories:

o Internal investigation expenses;
o Customer notification/crisis management expenses; and
o Regulatory/compliance expenses

Darwin's proprietary formula instantly calculates an average cost and a plus/minus 20% range for such expenses as:

o Cybercrime consulting
o Customer notification (certified mail)
o Crisis management consulting
o Credit monitoring
o State/Federal fines or fees
o Regulatory investigation defense
o Attorney fees

The Tech//404 Data Loss Cost Calculator also has graphical capabilities to vividly display the impact of loss expenses by major category and individual line items. Due to scarcity of data, however, the economic impact of potential civil lawsuits (individual or class action) cannot currently be calculated.

About Tech//404®

Tech//404 is a specialty liability insurance policy developed by Darwin to help traditional companies mitigate technology and information liability exposures. The policy combines technology errors and omissions (E&O) liability, cyber liability (data privacy/network security), and Internet liability (media/intellectual property) coverages into one complete insurance product for commercial insurance buyers. For more about Tech//404 by Darwin, visit

About Darwin Professional Underwriters, Inc.

Darwin is a specialty insurance group based in Farmington, Connecticut. The company is focused on the specialty liability insurance market and underwrites D&O liability insurance for public and private companies, E&O liability insurance, and medical malpractice liability insurance. Darwin member companies include Darwin Professional Underwriters, Inc., Darwin National Assurance Company (DNA), and Darwin Select Insurance Company (Darwin Select).

DNA and Darwin Select have earned a financial strength rating of "A- (Excellent)" from A.M. Best Company. Darwin is traded on the NYSE Arca exchange under the ticker symbol, "DR." The company became NYSE Arca's first listed company with its initial public offering on May 19, 2006. For more information about Darwin, visit

Source: Darwin Professional Underwriters, Inc.

Drake Manning, of Darwin Professional Underwriters, Inc.,

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