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
7/31/2023
/ Business Losses ,
Cyber Attacks ,
Cyber Insurance ,
Damages ,
Data Breach ,
Denial of Insurance Coverage ,
Employee Misconduct ,
Fraud ,
Insurance Claims ,
Medical Billing Codes ,
Personally Identifiable Information ,
Popular ,
Ransomware
Like most healthcare entities, Indiana’s Trinity Health collects, stores, maintains and uses a large volume of particularly sensitive information about patients and others, including Personally Identifiable Information (PII)...more
Lehigh Valley Health Network (LVHN) is a healthcare network based in Allentown, Pennsylvania, and serves eastern and northeastern Pennsylvania. On Feb. 6th of this year, LVHN was hit with a combination ransomware and...more
Ransomware insurance coverage has become increasingly popular in recent years as the threat of ransomware attacks has continued to grow. However, despite the widespread adoption of this type of insurance, there are still...more
12/29/2022
/ Casualty Insurance ,
Coronavirus/COVID-19 ,
Damages ,
Data Breach ,
Federal Trade Commission (FTC) ,
Fraud ,
Hackers ,
Insurance Industry ,
Liability Insurance ,
OH Supreme Court ,
Popular ,
Ransomware ,
Software ,
Theft ,
Vulnerability Assessments
On Aug. 11, 2022, the Federal Trade Commission announced a Notice of Proposed Rulemaking regarding the collection, sharing and use of certain information which it refers to as “commercial surveillance data” and whether the...more
8/22/2022
/ Data Breach ,
Data Brokers ,
Data Collection ,
Data Privacy ,
Data Security ,
Federal Trade Commission (FTC) ,
FTC Act ,
General Data Protection Regulation (GDPR) ,
Notice of Proposed Rulemaking (NOPR) ,
Personal Data ,
Personally Identifiable Information ,
Popular ,
SaaS ,
State Privacy Laws
Despite your best efforts, you have been hit by ransomware. You are locked out of your system, and you can provide no services to your customers, clients or patients. From a business perspective, you need to get your system...more
8/19/2022
/ Cyber Attacks ,
Cyber Crimes ,
Cybersecurity ,
Data Breach ,
FinCEN ,
Force Majeure Clause ,
Hackers ,
NIST ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Ransomware