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Cyber Attacks Business Disruption

Morgan Lewis - Tech & Sourcing

Phishing for Force Majeure – What’s the Catch?

With the recent onslaught of ransomware attacks, it’s time to revisit force majeure clauses (again). Earlier in the pandemic, we reviewed how COVID-19 could impact force majeure provisions. Since then, there has been a flurry...more

King & Spalding

Cyberattack and Ransomware Attack Force Majeure Considerations

King & Spalding on

As criminal cyberattacks and ransomware attacks on critical infrastructure increase, companies may experience significant business disruptions. Ransomware and cyberattacks may prevent companies from fulfilling contractual...more

Robinson+Cole Data Privacy + Security Insider

Ransomware Attacks More Frequent and Recovery Efforts Extended in 2020

A new report published by Coveware concludes that companies hit with ransomware attacks spend an average of 16 days recovering from the attack. Think about being offline and unable to do business for 16 business days. It is...more

Patterson Belknap Webb & Tyler LLP

Hackers Target the Bottom Line: Business Operations and Earnings

Over the past several years, we have witnessed a fundamental shift in orchestrated cyber-attacks from hacking credit card data and healthcare information to targeting businesses, their operations and bottom lines....more

WilmerHale

SEC Proposes New Requirement for Business Continuity Plans for Investment Advisers

WilmerHale on

On June 28, 2016, the Securities and Exchange Commission (“SEC”) proposed a rule that would require all SEC-registered investment advisers to adopt and implement a business continuity and transition plan (“BCP”). The BCP...more

Proskauer Rose LLP

SEC Proposes Rule Requiring Registered Advisers to Adopt Business Continuity and Transition Plans

Proskauer Rose LLP on

On June 28, 2016, the Securities and Exchange Commission (SEC) proposed new Rule 206(4)-4 under the Investment Advisers Act of 1940 (Advisers Act) that would require registered investment advisers to adopt and implement...more

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