News & Analysis as of

Oil & Gas Cyber Insurance

Morgan Lewis

Mitigating Energy Sector Risks Through Cyberinsurance

Morgan Lewis on

Energy companies in the power and oil and gas sectors are leading targets of cyberattacks, as threats to critical infrastructure systems continue to rise. A 2021 report by a third-party cyberrisk company found that a quarter...more

Husch Blackwell LLP

Cyber Risk Insurance in the Wake of the Colonial Pipeline Cyberattack

Husch Blackwell LLP on

On May 7, 2021, pipeline operator Colonial Pipeline Company suffered a ransomware cyberattack on its namesake Colonial Pipeline. Hackers attacked computerized management equipment, effectively freezing one of the largest...more

Lowndes

Avoiding Ransomware Attacks is Not a Pipe Dream: Actionable Steps to Avoid Becoming the Next Victim

Lowndes on

Recently, the largest gasoline pipeline in the United States fell victim to a ransomware attack that caused the pipeline to go offline for several days. In addition to causing gas shortages across the Southeastern United...more

Pillsbury - Policyholder Pulse blog

Is Your Insurance Program Ready for the Biden Administration?

The Biden administration has hit the ground running with executive orders, regulatory and legislative priorities, and cabinet-level and other top posts being announced on a daily basis. Our public policy colleagues have been...more

Skadden, Arps, Slate, Meagher & Flom LLP

Cybersecurity Considerations in Oil and Gas Transactions

One of the foremost threats companies face today is that posed by cybercriminals, and the unique vulnerabilities of companies in the oil and gas sector create heightened cybersecurity risks for those pursing transactions in...more

Carlton Fields

Phishing for Cybersecurity Coverage: When is a Fraud a “Computer Fraud”?

Carlton Fields on

In late June, the New York Court of Appeals affirmed a trial court ruling that there was no coverage for a health insurance company policyholder, under a “Computer Systems Fraud” rider issued by its insurer, for an underlying...more

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