Where Did You Get That Stat?

Read this:

A random survey of 16 technology E&O forms found that 62 percent of them provided no coverage or only partial coverage in their base forms for what is often referred to as unauthorized access, unauthorized use and associated coverages.

And this:

62 percent of tech policies are inadequate.

The first item came from T.R.’s blog entry re Identity Theft published in April 2005. The second item is an excerpt from a competitor’s advertisement. Is it possible the second item evolved from the first? Maybe. Maybe not. But imitation is the sincerest form of flattery after all.