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
A recent appellate court decision could help policyholders secure insurance coverage for losses arising out of state-sponsored cyberattacks. In Merck & Co., Inc. v. ACE American Ins. Co., the Superior Court of New Jersey...more
In this episode, partners Jeff Meagher and Lucas Tanglen, along with associate Reymond Yammine, discuss the Russia-Ukraine conflict and insurance for state-sponsored cyberattacks, including lessons learned from the NotPetya...more
Cyber due diligence is quickly becoming the “new normal” for buyers in M&A transactions as they seek to protect themselves against cyber risk. Cyber due diligence, however, is only part of the solution. Many sophisticated...more
11/2/2018
/ Acquisitions ,
Best Practices ,
Change in Control ,
Claims Limitations Period ,
Cyber Attacks ,
Cyber Insurance ,
Cyber Threats ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Denial of Insurance Coverage ,
Due Diligence ,
Insurance Contracts ,
Insurance Industry ,
Mergers ,
Policy Exclusions ,
Representations and Warranties ,
Retroactive Application ,
Risk Mitigation
Scarcely a day goes by without news headlines reporting yet another data breach or cyber crime incident, which can have devastating consequences for any business in terms of both reputation and balance sheet. A cyber...more
Cyber extortion and ransomware attacks made headlines across the globe this summer, but the cyber attack at HBO stands out due to the size of the ransom demanded ($6 million). The HBO hack highlights the importance of one of...more
Cyber extortion and ransomware attacks made headlines across the globe this summer. In May, the WannaCry virus infected hundreds of thousands of computers worldwide. In June, the NotPetya ransomware attack shut down hundreds...more