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Foley & Lardner LLP

Cybersecurity in the Age of Industry 4.0 - Part 2

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This is the second article in our two-part series on Cybersecurity in the Age of Industry 4.0, focusing on the legal implications and potential liabilities manufacturers face from cyberattacks, as well as practical...more

Integreon

Best Practices for Reducing the Cost of a Cyber Incident for Small to Mid-Sized Businesses

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Originally published in American Business Magazine - May 2024. Many small- and mid-sized business owners believe that they are not prime targets for a cyber breach and that threat actors only go after large companies. This...more

Association of Certified E-Discovery...

[Webinar] Navigating the Cybersecurity Landscape: Insights from Legal and Insurance Experts - May 14th, 9:00 am - 10:00 am PDT

In today's digital world, organizations are increasingly vulnerable to a wide variety of cyber threats that can wreak havoc on their operations, jeopardize the security of confidential information, negatively impact...more

Bond Schoeneck & King PLLC

The Impact of Merck’s NotPetya Policy Claims and a Reported Settlement

By definition, insurance policies represent an exercise in planning for (and hedging against) catastrophe. Cyber insurance for the healthcare industry is no exception. But any hedge is only as good as it’s reliable. Many...more

Woodruff Sawyer

Looking Ahead: Cyber Liability Insurance Concerns in 2024

Woodruff Sawyer on

Followers of the cyber insurance market over the past two years may be suffering from whiplash—that’s how dramatically the market shifted from 2022 to 2023. A perfect storm of good trends and facts combined to create a soft...more

Womble Bond Dickinson

[Event] Data Breach Response Workshop – Staying Calm in Crisis - November 3rd, Atlanta, GA

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Join industry leaders and legal professionals as they step through a cyber incident response scenario and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and...more

Womble Bond Dickinson

[Event] Data Breach Response Workshop – Staying Calm in Crisis - November 2nd, Charlotte, NC

Womble Bond Dickinson on

Join industry leaders and legal professionals as they step through a cyber incident response scenario and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and...more

Womble Bond Dickinson

[Event] Data Breach Response Workshop – Staying Calm in Crisis - November 1st, Raleigh, NC

Womble Bond Dickinson on

Join industry leaders and legal professionals as they step through a cyber incident response scenario and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and...more

Womble Bond Dickinson

[Event] Data Breach Response Workshop – Staying Calm in Crisis - October 30th, Washington, DC

Womble Bond Dickinson on

Join industry leaders and legal professionals as they step through a cyber incident response scenario and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and...more

K&L Gates LLP

The MOVEit Hack, Ransomware Attacks, and Cyber Insurance

K&L Gates LLP on

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

Dunlap Bennett & Ludwig PLLC

Risky Business And Cyber Attacks… Simple Steps To Limit Liability Of Cybersecurity Service Providers

The consequences of a cyber attack can be significant and wide-ranging for both an individual and a business – no matter how big or small. Cyber attacks can result in serious data breaches that lead to the theft or exposure...more

Butler Snow LLP

Cybersecurity: What Businesses Need to Know

Butler Snow LLP on

Cybersecurity is a top concern for all industries, particularly for the pharmaceutical and medical device industries. These industries hold some of the most sensitive data and highly valuable technology, making them prime...more

Bradley Arant Boult Cummings LLP

Cybersecurity in the U.S. Construction Industry: Navigating Challenges and Strategies for a Secure Future – Part 3

The third and final installment of this three-part series discusses the construction industry’s evolving landscape and the challenges it faces in the realm of cybersecurity, revealing how a comprehensive, data-centric...more

McGuireWoods LLP

Policyholders Beware – Lloyd’s is Adding New Exclusions to Limit Insurance Coverage for State-Sponsored Cyber Attacks Next Month –...

McGuireWoods LLP on

Cyberattacks on corporate networks are on the rise, and the ramifications from such an attack can be financially devastating. Recent benchmarking data shows that the number of material cyber breaches at large businesses...more

Array

Cybersecurity and eDiscovery: What you need to know about your vendor

Array on

Baker McKenzie recently released their sixth annual edition of ‘The Year Ahead: Global Disputes Forecast’ in which senior legal and risk leaders share what they expect to see in the coming year. From an overarching...more

Jones Day

Four Ways to Protect Your Cyber Insurance in Today’s Challenging Market

Jones Day on

In Short: The Situation: The cyber insurance market is experiencing a major retrenchment, with insurers seeking to limit their exposure in a variety of ways....more

Woodruff Sawyer

Looking Ahead: Cyber Liability Insurance Concerns in 2023

Woodruff Sawyer on

After two years of price increases, the cyber insurance market is normalizing as we head into 2023. Insurance carrier loss ratios are healthier now than they have been in the past few years— a result of price increases and a...more

Orrick, Herrington & Sutcliffe LLP

Cybersecurity Insurance and Managing Risk: 10 Things to Know

The number of cybersecurity incidents continues to increase, with the average cost of a data breach in 2022 reaching an all-time high of $4.35 million, up from $3.86 million in 2020. In addition to the increasing number of...more

Partridge Snow & Hahn LLP

Non-Profit Organizations Can Reduce Risks by Addressing Data Privacy Concerns in Advance

With the threat of cyber-attacks making the news, it is a good time for all non-profit organizations to review their policies and procedures with respect to data privacy. Many non-profit organizations are particularly...more

Woodruff Sawyer

Scams and Viruses: Which Email Attachments Are Safe to Open?

Woodruff Sawyer on

Email scams and viruses are nothing new—threats like phishing emails and malware have been around since the days when services like AOL still dominated the internet and email landscape. However, while technology has made a...more

Farella Braun + Martel LLP

Using Multi-Factor Authentication as a Prerequisite to Cyber Liability Coverage

Multi-factor authentication (MFA) is more than an annoying popup or text message when logging onto a company’s website or platform. Not only is using MFA a sound security practice and good business, it is frequently becoming...more

Bradley Arant Boult Cummings LLP

Cybersecurity Basics Are Key to Combating Ransomware

The onslaught of ransomware attacks by cybercriminals increases unabated every year, affecting everyone from mom and pop shops on Main Street to corporate lions of Wall Street. Hackers infiltrate an organization's computer...more

Woodruff Sawyer

Nation-State Cyber Attacks and Insurance Response: Revisiting the War Exclusion

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The Russian invasion of Ukraine has prompted renewed concerns from many cyber insurance policyholders as to the insurability of nation-state sponsored cyber attacks. In a previous Woodruff Sawyer blog post, we have outlined...more

J.S. Held

How to Avoid the Most Common Causes of Cybersecurity Incidents

J.S. Held on

Cybercrime is at an all-time high, with just the cybercrime insurance industry alone expecting to grow from $8 billion globally in 2020 to $20 billion by 2025.1 Although cyber liability insurance policies now exist to help...more

Morgan Lewis

Update: Ukraine Conflict Has Implications for Cyberinsurance Policies, Including War Exclusions

Morgan Lewis on

The conflict in Ukraine has raised significant cybersecurity concerns for businesses in the United States and across the world, resulting in an increased focus on using cyberinsurance to mitigate any resulting losses. The...more

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