News & Analysis as of

Information Technology Cyber Insurance Ransomware

Troutman Pepper Locke

6 Considerations to Determine if a Cyber Incident Is Material

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In late June, the staff of the U.S. Securities and Exchange Commission’s Division of Corporation Finance released five new compliance and disclosure interpretations regarding the disclosure of material cybersecurity incidents...more

Levenfeld Pearlstein, LLC

Addressing Cybersecurity Risks in the Construction Industry: 5 Things Companies in the Construction Industry Should Consider

Cybersecurity continues to be a top challenge for many companies and industry sectors, and the construction industry is no different. Additionally, certain characteristics of the construction industry make businesses more...more

Jones Day

French Law Authorizes Insurability of "Cyber-Ransoms" Paid by Victims, Subject to Prompt Filing of Complaint

Jones Day on

France's Orientation and Programming Law of the Ministry of the Interior ("LOMPI law"), published in the Official Journal of January 25, 2023, amends the insurance coverage of losses and damages paid in response to...more

Buckingham, Doolittle & Burroughs, LLC

Busting Cyber Myths Part 2: I Can’t Afford Cyber Protection

In the second of a three-part series, Buckingham Data Privacy and Cybersecurity Attorney David Myers talks with Andy Jones, CEO, Fortress Security Risk Management, and Bryan Schauer, Vice President at The Schauer Group’s...more

EDRM - Electronic Discovery Reference Model

What the Heck is Going on with Legal Industry Data Breaches

With Memorial Day weekend behind us, many people are celebrating the unofficial start of summer. And summer is almost always a blessing—nicer weather, beach vacations, shorter Fridays (if you’re lucky)—you’ve got to think...more

J.S. Held

What Is Digital Forensics: Applications, Processes, and Real-World Scenarios

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This paper will cover the application of digital forensics, the types of data digital forensics experts work with, the investigation process, and some example scenarios wherein digital forensics experts are called to help...more

Levenfeld Pearlstein, LLC

FBI Warns of Heightened Ransomware and Cybersecurity Risks During M&A Transactions and Over the Holidays

Federal agencies are warning businesses and consumers of heightened ransomware risks. On November 1, 2021, the FBI issued a Private Industry Notification, warning businesses that ransomware actors are using significant...more

Health Care Compliance Association (HCCA)

Compliance Refresher: Get Cozy With IT Folks, Review Insurance, Fine-Tune Policies, Training

Report on Patient Privacy 21, no. 11 (November, 2021) - Attorney Brad Hammer doesn’t always don a suit and tie, or what he calls his “lawyer’s uniform.” A privacy and security expert and founder of the Vakaris Group based...more

Burr & Forman

Your Business Experienced a Ransomware Attack, and It Was Not Prepared – Now What?

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It is hard to find a news post without a story on a ransomware attack. The National Security Council has issued an open letter warning all businesses to be alert and prepared for ransomware attacks.  Various industry groups...more

Burr & Forman

Business Exposure to Internet Crime

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Each year, the Internet Crime Complaint Center (“IC3”) of the Federal Bureau of Investigation publishes its Internet Crime Report.  The IC3’s 2020 Internet Crime Report includes startling information about the continuing...more

Lowndes

Avoiding Ransomware Attacks is Not a Pipe Dream: Actionable Steps to Avoid Becoming the Next Victim

Lowndes on

Recently, the largest gasoline pipeline in the United States fell victim to a ransomware attack that caused the pipeline to go offline for several days. In addition to causing gas shortages across the Southeastern United...more

Alston & Bird

NYDFS Issues Best Practices for Cyber Insurance Risk Management

Alston & Bird on

Against the backdrop of the disruptions associated with the Covid-19 pandemic and SolarWinds cyber-espionage campaign, NYDFS has released guidance for insurers that underwrite cyber insurance policies and which contains a...more

Bradley Arant Boult Cummings LLP

Understanding cyber insurance risks of target companies

Due to the dramatic increase and changing nature of cyber risks, mergers and acquisitions due diligence should expand to address cyber risks, available risk mitigation practices, and available insurance. Acquiring companies...more

Butler Weihmuller Katz Craig LLP

Ransomware is taking the world by storm; does insurance respond?

On June 27, 2017, the world had its second major ransomware attack in two months, and experts are predicting more to come. The first, named WannaCry, began May 12, and quickly spread to over 400,000 machines, the vast...more

Sheppard Mullin Richter & Hampton LLP

WannaCry Ransomware Alert

This is not a drill. Companies and law enforcement agencies around the world have been left scrambling after the world’s most prolific ransomware attack hit over 500,000 computers in 150 countries over a span of only 4...more

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