Law Brief®: Rich Schoenstein and Annmarie Giblin Discuss Cyber Law
Cracking the Code: Getting the Most Out of Your Cyber Insurance Policy
Cybersecurity Threats Facing Food and Agribusiness Companies & the Preparation and Protection Safeguards to Help Mitigate Them
Cyber Insurance - An Essential Component to Your Business
London’s Nation-State Attack Exclusion: Game Changer For The Cyber Insurance Market or An Opportunity For Competition Within the Market?
The Significance of Operational Technology in Cyber Insurance Underwriting – Part 2
The Downstream Impact of Ransomware on Cyber Insurance Underwriting – Part 1
Coverage Considerations for Ransomware & Cyber Attacks
Cyber Insurance Changes in the Aftermath of Log4j
Cyberside Chats: There is a war in Europe. What does that mean for your cyber insurance policy?
How Patching log4J Can Mitigate Regulatory and Insurance Issues
Wait, that’s covered? Insurability of Fines and Penalties Flowing From a Cybersecurity Breach
Takeaways From Recent Claims Against Mark Zuckerberg and Facebook – Mitigating the Heightened Risk of Privacy Suits Against Individual Directors and Officers
No Password Required: A Cyber Practice Leader and Natural Optimist Who Believes Every Day Is the Best Day
Ransomware and Cyber Insurance: The good, the bad, and why your insurance data is a target for hackers (with Jacob Ingerslev)
Debra Geroux and Scott Wrobel on Responding to Data Breaches
Cyber Insurance Coverage Market: A House of Cards or Temporary Plateau?
NGE On Demand: Insurance and Indemnity Issues for Family Offices with Angela Elbert
Nota Bene Episode 114: The New Global Business of Cyberattack, from Ransomware to a Now-Ubiquitous State of Breach with Kari Rollins
The Ransomware Attack Part 2 – How To Respond When The Enemy Overcomes The Gates
Twenty-one percent (21%) of S&P 500 companies experienced breaches in 2023, according to a report by SecurityScorecard. IBM states the average cost of a data breach globally last year was $4.45 million—a 15% increase over the...more
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
Followers of the cyber insurance market over the past two years may be suffering from whiplash—that’s how dramatically the market shifted from 2022 to 2023. A perfect storm of good trends and facts combined to create a soft...more
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
On the latest episode of Law Brief, Cybersecurity, Data Management & Privacy Co-Chair, Annmarie Giblin joins Rich to discuss cybersecurity law. They talk about the best practices for businesses interacting with customers’...more
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
The California Consumer Privacy Act (CCPA) made history when it came into effect on January 1, 2020, as it was the first comprehensive data privacy law in the United States. It was designed to grant California residents...more
The Illinois Appellate Court recently issued the first-ever opinion regarding insurance coverage for claims under the Illinois Biometric Information Privacy Act (BIPA) involving a cyber insurance policy. The Court’s finding...more
In recent years, we have seen a surge in litigation involving privacy violations in the United States. Companies that engage in activities involving the collection of user data, whether for data sharing opportunities, product...more
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
In today’s modern and often hybrid workplace, there is no magic bullet for preventing data breaches—they can come from a variety of angles and thus require a vigilant, multifaceted approach. Implementing a wide-reaching...more
After two years of volatility, cyber liability prices finally appear to be normalizing due to factors that include a downturn in price increases and a lower frequency of ransomware attacks in 2022—all of which have resulted...more
Baker McKenzie recently released their sixth annual edition of ‘The Year Ahead: Global Disputes Forecast’ in which senior legal and risk leaders share what they expect to see in the coming year. From an overarching...more
In this month’s Privacy & Cybersecurity Update, we examine the European Commission’s draft adequacy decision on the EU-U.S. Data Privacy Framework, as well as guidance from the U.K. Information Commissioner’s Office on...more
The number of cybersecurity incidents continues to increase, with the average cost of a data breach in 2022 reaching an all-time high of $4.35 million, up from $3.86 million in 2020. In addition to the increasing number of...more
Cyber liability insurance coverage is not a one-size-fits-all blanket policy that can be applied to all types of businesses. Every organization has choices as to what types of cyber liability coverage it needs to protect...more
With the threat of cyber-attacks making the news, it is a good time for all non-profit organizations to review their policies and procedures with respect to data privacy. Many non-profit organizations are particularly...more
Email scams and viruses are nothing new—threats like phishing emails and malware have been around since the days when services like AOL still dominated the internet and email landscape. However, while technology has made a...more
With news of massive data breaches making headlines in recent years, the handling of personal data has become a focus for legislators and regulators around the world. Compliance with data privacy regulations such as the...more
The Russian invasion of Ukraine has prompted renewed concerns from many cyber insurance policyholders as to the insurability of nation-state sponsored cyber attacks. In a previous Woodruff Sawyer blog post, we have outlined...more
Cybercrime is at an all-time high, with just the cybercrime insurance industry alone expecting to grow from $8 billion globally in 2020 to $20 billion by 2025.1 Although cyber liability insurance policies now exist to help...more
22 Global dealmaking had a historic year in 2021 and is expected to continue its hot streak into 2022. Global M&A volume for 2021 hit $5.8 trillion, up 64% from the previous year, with over 60,000+ deals. Beyond the...more