Social engineering scams seeking to deceive companies into making wire transfers to fraudulent bank accounts continue to plague companies. According to the FBI, social engineering fraud costs businesses billions of dollars...more
The WannaCry and NotPetya computer viruses that infected computer systems around the world in 2017 sounded a wake-up call. They demonstrated the power of a cyber event to disrupt the core operations of numerous companies and...more
The “WannaCry” and “NotPetya” computer viruses that infected computer systems around the world in 2017 sounded a wakeup call. They demonstrated the power of a cyber event to disrupt the core operations of numerous companies...more
Businesses are increasingly purchasing dedicated cyber insurance policies to address their cyber and data security exposures. To date, however, many of the judicial decisions addressing insurance for cyber exposures have done...more
This article highlights several strategies for maximizing the value of a cyber insurance purchase. The first part of the article, which appeared in the May 2017 issue of Pratt’s Privacy & Cybersecurity Law Report, highlighted...more
Cyberattacks are attempts by hackers to damage, destroy and/or steal data from a computer network or system. From 2013 to 2015, more than 153.6 million people had information stolen in cyberattacks involving companies such as...more
8/16/2016
/ Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
Directors ,
Enforcement Actions ,
Hackers ,
Investment Adviser ,
Investors ,
Mutual Funds ,
OCIE ,
Risk Assessment ,
Securities and Exchange Commission (SEC)