Law Brief®: Rich Schoenstein and Annmarie Giblin Discuss Cyber Law
Cracking the Code: Getting the Most Out of Your Cyber Insurance Policy
Cybersecurity Threats Facing Food and Agribusiness Companies & the Preparation and Protection Safeguards to Help Mitigate Them
Cyber Insurance - An Essential Component to Your Business
London’s Nation-State Attack Exclusion: Game Changer For The Cyber Insurance Market or An Opportunity For Competition Within the Market?
The Significance of Operational Technology in Cyber Insurance Underwriting – Part 2
The Downstream Impact of Ransomware on Cyber Insurance Underwriting – Part 1
Coverage Considerations for Ransomware & Cyber Attacks
Cyber Insurance Changes in the Aftermath of Log4j
Cyberside Chats: There is a war in Europe. What does that mean for your cyber insurance policy?
How Patching log4J Can Mitigate Regulatory and Insurance Issues
Wait, that’s covered? Insurability of Fines and Penalties Flowing From a Cybersecurity Breach
Takeaways From Recent Claims Against Mark Zuckerberg and Facebook – Mitigating the Heightened Risk of Privacy Suits Against Individual Directors and Officers
No Password Required: A Cyber Practice Leader and Natural Optimist Who Believes Every Day Is the Best Day
Ransomware and Cyber Insurance: The good, the bad, and why your insurance data is a target for hackers (with Jacob Ingerslev)
Debra Geroux and Scott Wrobel on Responding to Data Breaches
Cyber Insurance Coverage Market: A House of Cards or Temporary Plateau?
NGE On Demand: Insurance and Indemnity Issues for Family Offices with Angela Elbert
Nota Bene Episode 114: The New Global Business of Cyberattack, from Ransomware to a Now-Ubiquitous State of Breach with Kari Rollins
The Ransomware Attack Part 2 – How To Respond When The Enemy Overcomes The Gates
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
This is a deceptively simple question — risk managers rightfully expect to know the scope of their coverages when they build their insurance programs. Unfortunately, judicial interpretation of common policy terms can turn...more
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
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
Following one of the most turbulent years in crypto history, 2023, in contrast, unfolded as a year of reprieve, including from crypto threats. According to a July 12, 2023, report from blockchain analytics firm Chainalysis,...more
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
In our annual Cyber Looking Ahead Guide published in January 2023, we looked at market trends and prognosticated on issues that would impact the cyber insurance market throughout 2023. As we hit the halfway point of the year,...more
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
Hackerangriffe, Datendiebstahl, Ransomware, Datenpannen und sonstige Cybersecurity Incidents werden immer mehr zu einem zentralen Unternehmensrisiko. Dabei wird oft übersehen, dass dieses Thema nicht nur in technischer,...more
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
Policyholders have options when it comes to war exclusions in cyber insurance policies, a focus area for insurers following recent cyberattacks. Key Points: ..Insurers have asserted that war exclusions may preclude...more
Email scams and viruses are nothing new—threats like phishing emails and malware have been around since the days when services like AOL still dominated the internet and email landscape. However, while technology has made a...more
In the second of a three-part series, Buckingham Data Privacy and Cybersecurity Attorney David Myers talks with Andy Jones, CEO, Fortress Security Risk Management, and Bryan Schauer, Vice President at The Schauer Group’s...more
While the early days of cyber insurance were often marked by rapid expansion and low losses, recent years have seen the industry weather a vast increase in not just the number of claims but also the severity. The growing...more
The onslaught of ransomware attacks by cybercriminals increases unabated every year, affecting everyone from mom and pop shops on Main Street to corporate lions of Wall Street. Hackers infiltrate an organization's computer...more
The frequency and severity of cyber incidents, particularly ransomware attacks targeting businesses and critical infrastructure organizations, have been on the increase and are unlikely to subside anytime soon. Higher claim...more
The Russian invasion of Ukraine has prompted renewed concerns from many cyber insurance policyholders as to the insurability of nation-state sponsored cyber attacks. In a previous Woodruff Sawyer blog post, we have outlined...more
No industry is immune to privacy and cybersecurity risks, and the construction industry is no exception. Those in the construction industry can protect against a potential cyberattack by understanding the risks and...more
Cyberinsurance spurs many complaints from US business. The cost is skyrocketing, retentions (deductibles) are rising quickly, and the insurance companies push their own panel lawyers on customers despite other relationships....more
As the world emerged from lockdown, it should come as no surprise that cybersecurity and data privacy remained dominant topics in the media and legal industry. Some of 2021 was much like 2020 – ransomware attacks continued to...more
The threat to law firms posed by data breaches and ransomware has been in the news lately —and for good reason. The financial and reputational fallout from a data breach or successful ransomware attack can be catastrophic. ...more
Most businesses today understand that the internet can be a dangerous place. As an organization grows beyond the very early stage of one or two employees and a few thousand dollars in sales, the cyber strategy of “security by...more
Few things are certain, but it is indisputable that in 2022 data will remain big; data driven technologies will create unparalleled opportunity and risk; the frequency and sophistication of cyberattacks will shatter...more
Continued widespread cyber attacks have leaders in just about every industry wary and watchful, and insurance underwriters are no exception. Given the increase in claims from recent ransomware attacks, cyber insurers are...more
Federal agencies are warning businesses and consumers of heightened ransomware risks. On November 1, 2021, the FBI issued a Private Industry Notification, warning businesses that ransomware actors are using significant...more