News & Analysis as of June 5, 2025

Cyber Insurance

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

Cyber Insurance in 2025: What to Expect

Woodruff Sawyer on 2/3/2025

In our annual Cyber Looking Ahead Guide, we share key insurance market themes that emerged in 2024 and offer our predictions for 2025. Here are the trends we examine in the Guide: We also explore some pressing topics we...more

Cyber Risks and Insurance 2025 Forecast

Wiley Rein LLP on 12/20/2024

As we prepare to close the books on another eventful year in the cyber and privacy space, Wiley’s cyber insurance team is already making predictions for 2025. Q: So, let’s get right into it – based on your experience this...more

Hospital Administrators – Is Your Hospital Cyber-Secure?

Lippes Mathias LLP on 11/20/2024

On October 2, 2024, New York adopted new regulations requiring general hospitals to implement heightened cybersecurity safeguards. General hospitals, as defined in Article 28 of the NY Public Health Law, generally must begin...more

Privacy Briefs: October 2024

Health Care Compliance Association (HCCA) on 10/16/2024

23andMe agreed to pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company of failing to protect the privacy of 6.9 million customers whose personal information...more

The Toughest Cyber Challenges Facing the Construction Industry

Woodruff Sawyer on 7/30/2024

The construction industry is at the crossroads of innovation and vulnerability. Escalating cyber threats, tightening regulations, and increasing reliance on technology has created a need for rapid cyber maturity and tailored...more

CrowdStrike IT Outage: Wave of Business Interruption Claims Expected

K&L Gates LLP on 7/30/2024

Businesses, public services, and computer users across the world faced disruption as a result of the major CrowdStrike information technology (IT) outage, which is being coined by many as one of the largest and worst cyber...more

Hackers Increasingly Leveraging Threats to Patients to Pressure Health Organizations to Pay Ransom

Health Care Compliance Association (HCCA) on 4/22/2024

Cyberhackers—potentially frustrated by their limited ability to extort ransom from health care entities in attacks—have started extorting the patients themselves, threatening them with the release of information or...more

Chief Information Security Officers and cyber whistleblowing: considerations for PE firms

A&O Shearman on 4/3/2024

Managing these risks at a single company should be straightforward. Executives and CISOs may be personally held accountable for cyber failings, negligence, breaches, and inadequate disclosure around cyber vulnerabilities and...more

Navigating the New Frontier: Insurance for Artificial Intelligence Risks

K&L Gates LLP on 3/5/2024

On 27 December 2023, The New York Times filed a lawsuit against OpenAI and Microsoft alleging copyright infringement in connection with OpenAI’s popular ChatGPT technology. This lawsuit is part of the first wave of...more

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

Bond Schoeneck & King PLLC on 1/25/2024

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

Merck-Settlement of $1.4 Billion Coverage Dispute Over NotPetya Cyberattack Places Renewed Spotlight on War Exclusions in 2024

McGuireWoods LLP on 1/9/2024

Last week, Merck & Co. filed documents with the Supreme Court of New Jersey indicating that it reached a settlement with its “all risk” property insurers in a long-running coverage dispute involving over $1.4 billion in...more

White House Issues First-of-its-Kind Executive Order on AI

Vinson & Elkins LLP on 11/1/2023

On October 30, 2023, President Biden issued an Executive Order (“Order”) that drastically increased the U.S. government’s engagement with artificial intelligence (“AI”). The sweeping Order touches on everything from bias in...more

Stemming Losses That Go Uncovered by Cyber Insurance

Esquire Deposition Solutions, LLC on 10/25/2023

Twenty years ago the federal government designated October as Cybersecurity Awareness Month, part of an early effort to promote a wider appreciation of computer-related threats to business and government operations and to...more

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

Womble Bond Dickinson on 10/12/2023

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

Importance of Protecting Employee Information as Privacy and Cybersecurity Laws Proliferate

Jackson Lewis P.C. on 10/3/2023

Most human resources professionals are concerned about the privacy and security of the vast amounts of personal information they manage. This article discusses steps to consider taking against the challenges. Deluge of...more

Exploring Cyber Insurance and its Intersection with Property Coverage

Woodruff Sawyer on 9/27/2023

There is no doubt that technology, the internet, and the exponential connectivity of all the things we use in our daily lives have created unprecedented efficiency, precision, and oversight for nearly every industry....more

Recommendations for Managing Cybersecurity Threats in the Manufacturing Sector

Foley & Lardner LLP on 9/25/2023

In the hyper-connected era of smart manufacturing, accelerated by “Industry 4.0,” the manufacturing sector is undergoing a digital revolution. By leveraging technologies such as advanced automation, artificial intelligence,...more

The MOVEit Hack, Ransomware Attacks, and Cyber Insurance

K&L Gates LLP on 9/14/2023

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

Veteran Legal Tech Executive Foresees New Era of Innovation and Consolidation at SOLID East

HaystackID on 9/13/2023

Editor’s Note: In this concise article, veteran legal technology executive Hal Brooks offers his insights into the transformational changes underway in the legal services sector. Speaking at the recent SOLID East conference,...more

Privacy & Cybersecurity - June 2023

Skadden, Arps, Slate, Meagher & Flom LLP on 7/6/2023

In our June Privacy & Cybersecurity Update, we review new data privacy laws in Colorado, Connecticut, Florida and Montana; Verizon’s annual Data Breach Investigations Report; AM Best’s report on cyber insurance trends; and...more

Recent Dental Benefit Provider Data Breach Highlights Legal Risks and Need for Proactive Mitigation

Benesch on 6/8/2023

Data Breaches risk legal consequences—both from state and federal governments and consumers, as well as reputational harm. Last month, MCNA—a dental benefit provider—provided notice of a data breach that exposed the...more

Cyberattacks as Acts of War: Insurance Companies Forced to Rethink Their Policies

Kohrman Jackson & Krantz LLP on 5/5/2023

The rise of cyberattacks has led to a significant increase in the demand for cyber insurance policies. However, the insurance industry is struggling to keep pace with the ever-evolving threat landscape, which has resulted in...more

The Dangers of Dialogue: Ransomware Attackers Want to See Your Cyber Insurance Policy

Pillsbury - Policyholder Pulse blog on 3/28/2023

Amidst the recent surge in ransomware attacks on U.S. businesses—with crypto criminals and sometimes State actors invading and encrypting computer and operating systems and extorting funds in exchange for the decryption...more

What is a Data Breach? (And How Vulnerable is Your Business?)

Woodruff Sawyer on 3/20/2023

The landscape for preventing, responding to, and avoiding the fines and other costs associated with data breaches has changed in the last three years. Since the beginning of the pandemic, data breaches have been on the rise...more

The Cybersecurity Insurance Market: What to Expect in 2023

Ankura on 3/20/2023

In recent years, especially through 2019 and 2020, the cyber insurance market in the U.S. has seen significant growth. Middle-market companies have been actively requesting cyber insurance policies with low rates and broad...more

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