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Stoel Rives - Global Privacy & Security Blog®

Don’t let Cyber Insurance be Your Cybersecurity Plan

In a recent letter to insurers, the New York State Department of Financial Services (“NYDFS”) acknowledged the key role cyber insurance plays in managing and reducing cyber risk – while also warning insurers that they could...more

Akerman LLP

The New NYDFS Cyber Insurance Risk Framework – Required Reading for Insurers and Insureds

Akerman LLP on

The New York Department of Financial Services ("NYDFS") recently released its Cyber Insurance Risk Framework (the “Framework”), which provides best practices for managing cyber insurance risk....more

Buckingham, Doolittle & Burroughs, LLC

Cybersecurity And Data Breaches: You Must Take Steps Now To Avoid Personal And Company Loss

Unfortunately, no industry or business is immune from data security events. Nearly every business collects some form of personal information, whether it involves your employees, customers, vendors, or all of the above....more

Robinson+Cole Data Privacy + Security Insider

Will Insurance Provide Coverage for GDPR Fines?

As many of our readers know, the General Data Protection Regulation (GDPR) imposes significant obligations and responsibilities on entities with regard to data protection and privacy for all individuals within the European...more

Orrick, Herrington & Sutcliffe LLP

Cybersecurity & Privacy Predictions For 2018

Orrick of counsel Emily Tabatabai, a founding member of our Cybersecurity & Data Privacy team, recently spoke with Law360 regarding cybersecurity and privacy predictions for 2018. Emily discussed the inherent privacy and...more

Hogan Lovells

The evolving cyber insurance market: How IT companies, financial institutions, and other nontraditional players can offer cyber...

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In this hoganlovells.com interview, Hogan Lovells counsel Robert Fettman discusses the evolution of cyber insurance, the level of regulatory oversight applied to covered entities, and ways that noninsurance companies can...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #109 – Cybersecurity Tips for Small (and all) Businesses

I travel around helping businesses, both large and small, work on assessing their cybersecurity risks and implement measures to protect data, reduce risk and comply with applicable state and federal laws. In doing so, it is...more

Coblentz Patch Duffy & Bass

Five Lessons All Companies Can Learn From The Equifax Data Breach

The Equifax data breach has dominated news headlines for weeks, and Equifax will be dealing with the legal and financial fallout from the breach for many years. While many companies may be relieved not to be in Equifax's...more

Pillsbury Winthrop Shaw Pittman LLP

Cyberattacks Are the New Norm - How to respond and get insurance recovery for government investigations.

Takeaways - Companies that suffer cyberattacks can expect not sympathy but scrutiny from legal authorities. - D&O insurance can cover not only litigation but also investigation costs. - Strategic negotiation of...more

Butler Snow LLP

Cyber Insurance Primer

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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

Burr & Forman

The Top Eight Things You Should Be Doing to Protect Your Business from Cyber Threats

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Cyber threats take many forms. The wide-spread WannaCry ransomware attack in May of 2017 highlighted how computer files could be held hostage in return for payment, while the Dyn denial of service in October of 2016...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

Pillsbury Winthrop Shaw Pittman LLP

Do Recent Events Make You “Wanna Cry”? - Massive ransomware attacks are just another reason to have robust cyber insurance in...

On May 12, a massive ransomware cyber-attack infected over 100,000 computers in more than 150 countries. This malware, a Trojan virus known as “WannaCry,” “WanaCryptor,” or “Wcry,” encrypts files, and then threatens to...more

JD Supra Perspectives

Perspective: What Will Be the Defining Cybersecurity Issues In 2016?

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As data breaches and their related obligations and liability risks continue to pile up with every passing year, we asked attorneys writing on JD Supra to answer the question: What will be among the defining issues for...more

Farella Braun + Martel LLP

Protect Your Wine Business Against Data Security Breaches and Other Cyber Risks

When asked who should buy cyber insurance, one expert responded, “more companies than realize it.” The truth is, almost every company in the country collects its customers’ or its employees’ Personally Identifiable...more

Farella Braun + Martel LLP

Systemic Cyber Risks And The Internet of Things

Companies’ awareness of “cyber” risks has increased significantly because of large and highly publicized data security breaches, such as Target and Home Depot. Companies are starting to more proactively manage the risk of...more

Gray Reed

Hack Attack?

Gray Reed on

Breathing a sigh of relief that he neither works for U.S. agencies requiring security clearances nor do his hiring policies require the details of mental illnesses, drug and alcohol use, past arrests, bankruptcies, Joe Hyre...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

What Do Employers Need to Know in the Wake of the Latest Data Breach?

Sony Pictures Entertainment, Inc. is the latest high-profile business victim of data theft. The consequences have been significant. In response to threats of violence, Sony has reconsidered its range of options for the...more

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