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Cyber Insurance › Federal Bureau of Investigation › Hackers

Ward and Smith, P.A.

Wire-Fraud, Data Breach, and Phishing: A Live Action Role Play for In House Counsel

Ward and Smith, P.A. on

At the recent In-House Counsel Seminar, three Ward and Smith attorneys presented a realistic role play response to an incidence of wire fraud, addressing red flags associated with fraudulent communications, corporate incident...more

Levenfeld Pearlstein, LLC

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

Levenfeld Pearlstein, LLC on

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

Husch Blackwell LLP

Cyber Risk Insurance in the Wake of the Colonial Pipeline Cyberattack

Husch Blackwell LLP on

On May 7, 2021, pipeline operator Colonial Pipeline Company suffered a ransomware cyberattack on its namesake Colonial Pipeline. Hackers attacked computerized management equipment, effectively freezing one of the largest...more

Constangy, Brooks, Smith & Prophete, LLP

Ransomware Gone Wild -- And What You Need To Do To Protect Your Company (Part 2)

Constangy, Brooks, Smith & Prophete, LLP on

In Part 1 of this series, I discussed the ever-increasing prevalence of Ransomware attacks and went over what you could do to prevent, or at least reduce the likelihood of, being hit. But what should you do if the hackers get...more

Lowenstein Sandler LLP

Health Care Facilities Are Under Cyberattack; Cyber Insurance Provides A Valuable Defense

Lowenstein Sandler LLP on

U.S. hospitals, already on the front lines of fighting the coronavirus pandemic, are now facing viral attacks by cybercriminals. More than 20 U.S. hospitals and health care organizations have reported their data being held...more

Carlton Fields

District Courts Buck Trend on Fidelity Coverage for Social Engineering and Business Email Compromise Schemes

Carlton Fields on

The FBI continues to warn that losses are on the rise from business email compromise (BEC) or “social engineering” schemes, which the Bureau describes as: Carried out by transnational criminal organizations that employ...more

Sheppard Mullin Richter & Hampton LLP

WannaCry Ransomware Alert

Sheppard Mullin Richter & Hampton LLP on

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

Dorsey & Whitney LLP

Message from New York Court: Rely on CGL Policy Coverage for Data Breaches at Your Own Peril

Dorsey & Whitney LLP on

A New York trial court announced a decision on February 21, 2014, that may be a harbinger of wide-reaching limitations on insurance coverage for data breaches under commercial general liability (CGL) policies. The court’s...more

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