Corporate policyholders often assume their computer fraud crime insurance will cover so-called social engineering thefts. Reasonably so. Fraudsters commit these crimes by using computers to trick innocent employees into...more
A federal district court in Florida has ruled that a claim against a policyholder arising out of a hacker’s theft of confidential credit card information was not covered under a commercial general liability (CGL) policy. St....more
10/2/2018
/ Commercial General Liability Policies ,
Corporate Counsel ,
Credit Cards ,
Customer Information ,
Cyber Insurance ,
Data Breach ,
Denial of Insurance Coverage ,
Hackers ,
Negligence ,
Policy Terms ,
Publication Requirement
A recent case in the Northern District of California offers two cautionary tales to policyholders. First, when buying insurance, companies should understand their risks and ensure that the policies they’re buying match those...more