Ransomware attacks continue to challenge U.S. companies, with cybercriminals now routinely extorting companies for multimillion-dollar payouts. A company that experiences an attack will likely seek coverage under its cyber...more
2/4/2022
/ Breach Notification Rule ,
Class Action ,
Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
Insurance Claims ,
Insurance Industry ,
Insurance Litigation ,
Popular ,
Ransomware ,
Subrogation
Ransomware attacks are on the rise. Lax security measures, which have become more acute in the work-from-home environment, continue to be exploited. Companies' systems are hacked into, their data is encrypted, and they face...more
11/16/2021
/ Cyber Attacks ,
Cyber Crimes ,
Cyber Insurance ,
Cybersecurity ,
Data Security ,
Encryption ,
Extortion ,
Insurance Claims ,
Popular ,
Ransomware ,
Securities and Exchange Commission (SEC)
Ransomware attacks are on the rise. Cyber criminals continue to exploit lax security measures, which have become more acute in the work-from-home environment, and hack into companies’ systems, encrypt their data, and then...more
10/19/2021
/ Business Interruption ,
Business Losses ,
Causation ,
Corporate Counsel ,
Cyber Attacks ,
Cyber Crimes ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Delays ,
Encryption ,
Hackers ,
Insurance Claims ,
Popular ,
Ransomware
We have all heard about the alarming and ever increasing number of security breaches and ransomware attacks facing businesses. With bad actors continuously evolving and presenting new risks, most companies now fortunately...more
This episode is a continuation of Lynda’s conversation with Bridget Choi, Deputy Counsel and Managing Director of Strategy at Kivu Consulting, and David Anderson, VP within Lockton Insurance’s Cyber Technology Group, about...more
3/11/2021
/ Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Security ,
Hackers ,
Incident Response Plans ,
Insurance Brokers ,
Insurance Claims ,
Insurance Industry ,
Ransomware
In this episode, Lynda is joined by Bridget Choi, Deputy Counsel and Managing Director of Strategy at Kivu Consulting, and David Anderson, VP within Lockton Insurance’s Cyber Technology Group, to discuss the current state of...more
What You Need To Know:
- Recent case law is trending favorably for policyholders to secure coverage for computer fraud claims under a wide array of insurance policies.
- Because several types of policies may be...more
2/13/2020
/ Computer Fraud Insurance ,
Cyber Attacks ,
Cyber Insurance ,
Denial of Insurance Coverage ,
FinTech ,
Fraud ,
Fraudulent Transfers ,
Indemnity Claim ,
Policy Exclusions ,
Professional Liability ,
Professional Liability Insurance ,
Spoofing