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Aldermen pause cyber-insurance approval and request fuller IT contract terms; item moved to June 24 special meeting
Summary
Council members reviewed a proposed $7,525 cyber liability renewal and a draft IT services agreement (ArchTech, $5,625/month). Concerns included coverage limits, renewal/termination notice timing, data-retention policies and service-level guarantees; the board voted to add the cyber-insurance renewal as the first item on the June 24 special meeting so the attorney can review it beforehand.
The Board of Aldermen reviewed a Travelers cyber-liability renewal and a proposed IT services contract with ArchTech during its June 18 meeting.
Staff flagged a cyber insurance renewal for $7,525 with coverage items that include privacy/security liability, payment-card costs, cyber extortion and data restoration. Members expressed concern that the policy packet (more than 30 pages) arrived…
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