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European Union Cyber Insurance

The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Dentons

Critical Risk Areas Identified in Annual Family Office Survey Report

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Family law attorney Tyler Coe covers the new report with insights from Edward Marshall and how it equips family offices with insights that can enhance performance and manage risk to position themselves for success....more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - May 2023

In this month’s Privacy & Cybersecurity Update, we review new consumer privacy laws in Tennessee and Indiana, three GDPR rulings by the Court of Justice of the European Union, updates regarding future California Privacy...more

Ankura

Compliance and Insurance Needs Can Narrow Your MDR Search

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When it comes to protecting your organization from cyber threats, Managed Detection and Response (MDR) services are a must. But many businesses overlook the importance of compliance and insurance needs associated with...more

Ankura

The Cybersecurity Insurance Market: What to Expect in 2023

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In recent years, especially through 2019 and 2020, the cyber insurance market in the U.S. has seen significant growth. Middle-market companies have been actively requesting cyber insurance policies with low rates and broad...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - December 2022

In this month’s Privacy & Cybersecurity Update, we examine the European Commission’s draft adequacy decision on the EU-U.S. Data Privacy Framework, as well as guidance from the U.K. Information Commissioner’s Office on...more

Jackson Lewis P.C.

Top 10 for 2022 – Happy Data Privacy Day!

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In honor of Data Privacy Day, we provide the following “Top 10 for 2022.” While the list is by no means exhaustive, it does provide some hot topics for organizations to consider in 2022...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - November 2021

In this month’s Privacy & Cybersecurity Update, we examine the FBI’s warning to companies regarding cyberattacks targeting confidential M&A activity, as well as the Cybersecurity and Infrastructure Security Agency’s directive...more

Flaster Greenberg PC

Policyholder Best Practices As Cyberattacks Escalate

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Cyberattacks are exploding. The coronavirus pandemic has further exposed cyber vulnerabilities due to remote work and the increasing use of underprotected devices. Ransomware attacks are increasingly becoming the cyberattack...more

Alston & Bird

EU Spotlight: Top 6 Issues All General Counsel Need to Know About Ransomware

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Ransom demands from cyber-attacks show no signs of slowing down, and the costs—both from ransom payments and repairing the damage—are rising precipitously. Our Privacy, Cyber & Data Strategy Team outlines six ways companies...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - October 2020

In this month's edition of our Privacy & Cybersecurity Update, we examine the U.S. Treasury's advisories regarding the role of financial intermediaries in ransomware payments, a ruling by the Israeli data protection authority...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - June 2020

In this month's edition of our Privacy & Cybersecurity Update, we examine the California attorney general's final regulations for the California Consumer Privacy Act and a ruling by the Indiana Court of Appeals involving...more

Shook, Hardy & Bacon L.L.P.

Privacy and Data Security Alert l March 2020

Shook Weighs in on Updated CCPA Regulations - In response to extensive public comment, the California Attorney General’s office released modified draft regulations under the CCPA on February 7. Shook has provided initial...more

BCLP

Data Security Breach Handbook - 2019 Edition

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It has been several years since data breaches first emerged as the lead news story. Despite increasing security and technology advancements, companies are still grappling with how to stay ahead of hackers and, when they...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - April 2019

In this month's Privacy & Cybersecurity Update, we examine several recent U.K.-related cybersecurity developments and the SEC's risk alert reminding investment advisers and broker-dealers to follow through on implementing...more

K&L Gates LLP

OnRisk: What U.S. Policyholders Should Know About GDPR

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In this episode of OnRisk, Lucas Tanglen and Jeff Meagher discuss the cyber insurance implications of the European Union’s new privacy regulation—the General Data Protection Regulation or GDPR. The GDPR, which took effect on...more

Skadden, Arps, Slate, Meagher & Flom LLP

GDPR Collective Civil Claims Present Potential for Reputational Risk and ‘Ruinous’ Damages

While much attention has been paid to the maximum level of administrative fines under the General Data Protection Regulation (GDPR) — up to 4 percent of total worldwide annual turnover — the regulation also provides for...more

Pillsbury - Policyholder Pulse blog

Massive GDPR Fine Is a Wake-Up Call to Get Compliance and Cyber Insurance Squared Away

Have $57 million (or more) to spare? You’re going to need it if you run afoul of the EU’s General Data Protection Regulation (GDPR) without cyber insurance. In late January 2019, the French data protection authority, CNIL,...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - January 2019

In this month's edition, we examine cybersecurity-related state Supreme Court rulings in Pennsylvania, Vermont and Illinois; the Department of Health and Human Services' cybersecurity guidelines for the health care industry;...more

Jones Day

GDPR's Potential Fines and Other Exposures Raise Cyber Insurance Coverage Questions

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The Situation: The European Union's General Data Protection Regulation ("GDPR") has raised questions regarding the scope of coverage and protection afforded by current cyber policies, especially with respect to potential GDPR...more

Robinson+Cole Data Privacy + Security Insider

Will Insurance Provide Coverage for GDPR Fines?

As many of our readers know, the General Data Protection Regulation (GDPR) imposes significant obligations and responsibilities on entities with regard to data protection and privacy for all individuals within the European...more

Womble Bond Dickinson

Your Cyber Insurance Policy May Not Cover GDPR Fines and Liabilities

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You may be paying for cyber insurance that will not cover the most significant cyber risks faced by your business. Recent studies call into question whether a company can insure against the unprecedented huge fines for...more

Pillsbury Winthrop Shaw Pittman LLP

Perspectives on Insurance Recovery - Summer 2018

Expanding the Boundaries of Coverage in the Face of Evolving Risks - Advances in technology, social change, new regulations—developments like these challenge companies’ risk-mitigation efforts and insurance programs. As the...more

King & Spalding

EU Insurance Regulator Finds European Cyber Insurance Market Hindered By Lack Of Specialized Expertise And Key Data

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On August 2, 2018, the European Insurance and Occupational Pensions Authority (“EIOPA”) published a report summarizing its findings regarding the limited market for stand-alone cyber insurance coverage in Europe, the factors...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - July 2018

In this month's edition of our Privacy & Cybersecurity Update, we examine California's new sweeping privacy law, two U.S. agencies' report on "botnet" threats and the European Parliament's call to suspend the Privacy Shield....more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - June 2018

In this month's edition of our Privacy & Cybersecurity Update, we examine the Eleventh Circuit's decision to vacate an order against LabMD regarding FTC cease-and-desist orders, new data breach notification laws in three U.S....more

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