Policy Terms, Cyber Attacks, Risk Management

Further Clarity Regarding Coverage for Funds Transfer Fraud

Zelle LLP on 4/2/2025

At this point, your IT department has almost certainly warned you to approach your e-mail inbox with skepticism--for good reason. Cybercriminals regularly and effectively impersonate our legitimate contacts for illegitimate...more

Does Cyber Insurance Pay Out?

Woodruff Sawyer on 1/9/2025

Over the last decade, one of the most common gripes I’ve heard about cyber insurance is that policies “don’t pay out.” Cyber coverage is often perceived as being illusory and riddled with “gotcha” clauses. This isn’t the...more

Cyber risk strategy: State-backed cyber attacks and trends in cyber policies and risk management

Eversheds Sutherland (US) LLP on 2/2/2023

Lloyds Market Bulletin Y5381 - Back in March 2022, we detailed the significant risks to both insureds and insurers posed by unclear cyber insurance policy wordings, with a particular focus on war exclusion clauses in the...more

Keeping Up With the Risks and Protections of Cyber Insurance

Farella Braun + Martel LLP on 11/7/2018

An obscure niche product less than a decade ago, cyber insurance is now a staple of many companies’ risk transfer programs. Its rise in prominence is no wonder. High-profile data breaches have caused businesses millions of...more

Cyber Security Insurance: Nine Questions to Ask to Determine Your Exposure

Polsinelli on 6/29/2018

There is an increased interest in cyber security insurance for businesses amid frequent news of computer hacking, network intrusions, data theft, and high-profile ransomware attacks. Originally published in Houston...more

Cyber Insurance Primer

Butler Snow LLP on 8/9/2017

The number of reported U.S. data breaches tracked through June 30, 2017 hit a half-year record high of 791. This represents a significant jump of 29% over 2016 figures during the same time period. At this pace, it is...more