News & Analysis as of

Cyber Insurance Data Breach

Woodruff Sawyer

Running to Stand Still: Practical Cybersecurity Governance Considerations for Boards and Management Teams

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It’s obvious that strong cybersecurity governance should help to reduce a company’s risk of succumbing to a cybersecurity incident or being significantly impacted should one materialize. One major challenge: determining what...more

Dunlap Bennett & Ludwig PLLC

AT&T Data Breach: Lessons For Cloud-Base Technology Solutions

Last Friday, July 12, 2024, it was widely reported that AT&T experienced another catastrophic cyber-attack. This material cyber incident affected over 100 million of its wireless customers according to AT&T’s 8-K Filing with...more

Integreon

Best Practices for Reducing the Cost of a Cyber Incident for Small to Mid-Sized Businesses

Integreon on

Originally published in American Business Magazine - May 2024. Many small- and mid-sized business owners believe that they are not prime targets for a cyber breach and that threat actors only go after large companies. This...more

Paul Hastings LLP

Paul Hastings Hosts Panel on Cybersecurity Insurance Trends and Insights

Paul Hastings LLP on

On May 8, 2024, Paul Hastings hosted the Cybersecurity Law Workshop at this spring’s Privacy + Security Forum featuring a panel on cybersecurity insurance trends and insights. The panel was moderated by Paul Hastings’ David...more

Association of Certified E-Discovery...

[Webinar] Navigating the Cybersecurity Landscape: Insights from Legal and Insurance Experts - May 14th, 9:00 am - 10:00 am PDT

In today's digital world, organizations are increasingly vulnerable to a wide variety of cyber threats that can wreak havoc on their operations, jeopardize the security of confidential information, negatively impact...more

HaystackID

Alarming Insurance Gaps and Soaring Breach Rates Call for a United Front in Cybersecurity

HaystackID on

Editor's Note: The convergence of CYE's and Surfshark's analyses reveals a critical juncture in the fight against cyber threats. With the U.S. leading global data breaches and businesses facing significant insurance coverage...more

Health Care Compliance Association (HCCA)

Hackers Increasingly Leveraging Threats to Patients to Pressure Health Organizations to Pay Ransom

Cyberhackers—potentially frustrated by their limited ability to extort ransom from health care entities in attacks—have started extorting the patients themselves, threatening them with the release of information or...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Insuring Innovation: Protecting Your Organization in the Age of Generative AI

The decision to integrate Generative AI (“GAI”) into an organization is one that occupies significant space these days in many corporate board rooms. In today’s rapidly evolving business landscape, the adoption of GAI...more

Ward and Smith, P.A.

Wire-Fraud, Data Breach, and Phishing: A Live Action Role Play for In House Counsel

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At the recent In-House Counsel Seminar, three Ward and Smith attorneys presented a realistic role play response to an incidence of wire fraud, addressing red flags associated with fraudulent communications, corporate incident...more

A&O Shearman

Chief Information Security Officers and cyber whistleblowing: considerations for PE firms

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Managing these risks at a single company should be straightforward.  Executives and CISOs may be personally held accountable for cyber failings, negligence, breaches, and inadequate disclosure around cyber vulnerabilities and...more

Cozen O'Connor

Is there CGL Coverage for Cyber Breach Claims?

Cozen O'Connor on

The coverage dispute in Home Depot, Inc., et al v. Steadfast Insurance Company, et al. arises out of a 2014 data breach of millions of Home Depot’s customers’ payment information. As a result of the breach, the financial...more

Bond Schoeneck & King PLLC

The Impact of Merck’s NotPetya Policy Claims and a Reported Settlement

By definition, insurance policies represent an exercise in planning for (and hedging against) catastrophe. Cyber insurance for the healthcare industry is no exception. But any hedge is only as good as it’s reliable. Many...more

Woodruff Sawyer

Looking Ahead: Cyber Liability Insurance Concerns in 2024

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Followers of the cyber insurance market over the past two years may be suffering from whiplash—that’s how dramatically the market shifted from 2022 to 2023. A perfect storm of good trends and facts combined to create a soft...more

Morrison & Foerster LLP

Litigation Readiness: Seven Things to Keep in Mind

Morrison & Foerster LLP on

Data breach class actions continue to rise, following almost inevitably from nearly every major security incident. Here are seven things in-house counsel can do to prepare for that anticipated litigation....more

Esquire Deposition Solutions, LLC

Stemming Losses That Go Uncovered by Cyber Insurance

Twenty years ago the federal government designated October as Cybersecurity Awareness Month, part of an early effort to promote a wider appreciation of computer-related threats to business and government operations and to...more

Lowenstein Sandler LLP

“Keeping Track” of Your Cyber (and Other) Coverage Part II

Lowenstein Sandler LLP on

On this episode of Don't Take No for An Answer, host, Lynda A. Bennett, Partner and Chair of Lowenstein’s Insurance Recovery Group, is joined by David Anderson, Vice President, Cyber Liability at Woodruff Sawyer, and Heather...more

Womble Bond Dickinson

[Event] Data Breach Response Workshop – Staying Calm in Crisis - November 3rd, Atlanta, GA

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Join industry leaders and legal professionals as they step through a cyber incident response scenario and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and...more

Womble Bond Dickinson

[Event] Data Breach Response Workshop – Staying Calm in Crisis - November 2nd, Charlotte, NC

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Join industry leaders and legal professionals as they step through a cyber incident response scenario and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and...more

Womble Bond Dickinson

[Event] Data Breach Response Workshop – Staying Calm in Crisis - November 1st, Raleigh, NC

Womble Bond Dickinson on

Join industry leaders and legal professionals as they step through a cyber incident response scenario and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and...more

Womble Bond Dickinson

[Event] Data Breach Response Workshop – Staying Calm in Crisis - October 30th, Washington, DC

Womble Bond Dickinson on

Join industry leaders and legal professionals as they step through a cyber incident response scenario and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and...more

K&L Gates LLP

The MOVEit Hack, Ransomware Attacks, and Cyber Insurance

K&L Gates LLP on

Ransomware attacks and cyber data theft are an unfortunate fact of life for businesses. Whether through attacks targeting individual companies or widespread campaigns carried out by exploiting vulnerabilities in third-party...more

Robinson+Cole Data Privacy + Security Insider

Insurer Denies Coverage Under Professional Liability Policy for Lawyer’s Email Compromise

Insurance coverage for cyberattacks can be tricky for anyone to navigate, including lawyers. To illustrate this point, a case in New Jersey caught my eye that I thought would be an interesting read for our followers who are...more

Dunlap Bennett & Ludwig PLLC

Risky Business And Cyber Attacks… Simple Steps To Limit Liability Of Cybersecurity Service Providers

The consequences of a cyber attack can be significant and wide-ranging for both an individual and a business – no matter how big or small. Cyber attacks can result in serious data breaches that lead to the theft or exposure...more

Kohrman Jackson & Krantz LLP

Coverage Challenges in Ransomware Claims: Cyber Insurance Policies and Trends in Denials

A consistent pattern emerges in data breach and cyber-attack cases when companies turn to their insurers for coverage after such incidents. Whether they possess specialized cyber insurance or not, insurers often decline...more

Ervin Cohen & Jessup LLP

Insure Against Data Breaches Suffered By Vendors and Service Providers

Over the last several years several companies, including Marriott, Yahoo and Volkswagen, have been victimized by hackers breaking into a company’s computer network. In some cases, they have put confidential information on the...more

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