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Cyber Insurance Risk Assessment Cybersecurity

Dentons

Critical Risk Areas Identified in Annual Family Office Survey Report

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Family law attorney Tyler Coe covers the new report with insights from Edward Marshall and how it equips family offices with insights that can enhance performance and manage risk to position themselves for success....more

Ankura

Private Equity Cyber Risk: 6 Vital Tips for Building an Effective Cyber Risk Program With Limited Resources

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Portfolio Cyber Risk At The Private Equity (PE) Level - The cyber threat landscape is continuously evolving, and the severity of attacks is showing no signs of slowing down making managing cyber risk a difficult task for...more

Jackson Lewis P.C.

Importance of Protecting Employee Information as Privacy and Cybersecurity Laws Proliferate

Jackson Lewis P.C. on

Most human resources professionals are concerned about the privacy and security of the vast amounts of personal information they manage. This article discusses steps to consider taking against the challenges. Deluge of...more

Dunlap Bennett & Ludwig PLLC

Risky Business And Cyber Attacks… Simple Steps To Limit Liability Of Cybersecurity Service Providers

The consequences of a cyber attack can be significant and wide-ranging for both an individual and a business – no matter how big or small. Cyber attacks can result in serious data breaches that lead to the theft or exposure...more

Butler Snow LLP

Cybersecurity: What Businesses Need to Know

Butler Snow LLP on

Cybersecurity is a top concern for all industries, particularly for the pharmaceutical and medical device industries. These industries hold some of the most sensitive data and highly valuable technology, making them prime...more

Levenfeld Pearlstein, LLC

Two Fundamental Shifts in the New “National Cybersecurity Strategy”

In March 2023, the Office of the National Cyber Director released the public version of the National Cybersecurity Strategy, which provides strategic guidance for how the U.S. should protect internet users from cyberattacks...more

Kerr Russell

Cybersecurity for Medical Practices: Addressing the HIPAA in the Room

Kerr Russell on

Cybersecurity attacks, such as malware, phishing emails, and password attacks, are a growing threat to patients and medical practices. Cyber attacks can significantly disrupt patient care, including by exposing confidential...more

Ankura

The Cybersecurity Insurance Market: What to Expect in 2023

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In recent years, especially through 2019 and 2020, the cyber insurance market in the U.S. has seen significant growth. Middle-market companies have been actively requesting cyber insurance policies with low rates and broad...more

Jackson Lewis P.C.

Getting Healthcare in 2023 and Beyond…Virtually…and Securely

Jackson Lewis P.C. on

Much is being written about “remote work” – is it productive, will demand for it continue or be curtailed in a recession, is cybersecurity compromised, does it inhibit workplace culture, collaboration, etc. Lots of questions,...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - December 2022

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

Ankura

Cyber and Data Privacy Risks Every Investor Should Know During a Deal

Ankura on

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

Husch Blackwell LLP

New York’s DFS Publishes A Cyber Insurance Risk Framework

Husch Blackwell LLP on

Keypoint: New York’s Division of Financial Services (DFS) now requires Property and Casualty Insurers writing cyber insurance to comply with the Division’s Cyber Insurance Risk Framework to manage their risk. In her...more

Bradley Arant Boult Cummings LLP

New Cyber Insurance Risk Framework Provides Best Practices for the Insurance Industry

The cyber insurance market size is currently valued in the billions, and this does not include insurance policies that do not explicitly mention cyber incidents but may nevertheless cover them. With this in mind,...more

Rivkin Radler LLP

DFS Provides Framework For Cybersecurity Risk

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On February 4, 2021, New York’s Department of Financial Services (DFS) issued Insurance Circular Letter No. 2, which builds on the robust cybersecurity regulation provided in its 2017 Cybersecurity Regulation (23 NYCRR 500)....more

Hinshaw & Culbertson - Insights for Insurers

New NYS DFS Cyber Insurance Risk Framework Warns Against Ransom Payments, Includes Notice to Law Enforcement Policy Requirement

The New York State Department of Financial Services (DFS) has issued guidance imposing rigorous cyber risk measurement and management practices on NY-regulated property/casualty insurers that write cyber insurance. The...more

White and Williams LLP

NYDFS Announces Cyber Insurance Risk Framework to Address Increasing Cyber Risk

Even if your company does not report to the New York Department of Financial Services (DFS), all insurers should heed warning to prepare for future cyber risk regulations and requirements. Cyber risk is real and has the...more

Hinshaw & Culbertson - Insights for Insurers

Beyond Data Breach: Evaluating Coverage for Misuse of Information Claims

New and comprehensive privacy and cyber regulations continue to proliferate across the globe. These are not your father’s data breach notification laws. The scope of information included within these mandates has expanded...more

Lowenstein Sandler LLP

What Actions Should Companies Take to Secure Cyber Insurance Coverage for Losses Related to Cyber Incidents in the COVID-19...

As companies scramble to respond to the COVID-19 pandemic, one area that may not, but should, be on their radar is the terms and coverage provided by their cyber insurance policies. Certainly COVID-19 is not a computer virus,...more

Eversheds Sutherland (US) LLP

Cybersecurity and coronavirus - Guarding against hackers in this heightened risk environment 

Many general counsels, as well as their privacy and cybersecurity teams, are understandably focused on their company’s coronavirus safety measures - and that is good news to the hackers. Hackers thrive amidst confusion and...more

Farella Braun + Martel LLP

Time to Check Your Cyber Insurance

Now that the CCPA is in effect, some companies will need to revise their policies. The cyber insurance markets are beginning to adapt to the new California Consumer Privacy Act (CCPA) which went into effect on January 1. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

Cybersecurity Considerations in Oil and Gas Transactions

One of the foremost threats companies face today is that posed by cybercriminals, and the unique vulnerabilities of companies in the oil and gas sector create heightened cybersecurity risks for those pursing transactions in...more

Burns & Levinson LLP

Interesting Cybersecurity Development in the Insurance and Vendor Risk Arena

Burns & Levinson LLP on

Often one of the benefits of working with a capable cyber risk broker or insurer is that the covered business has access to supplemental services ranging from security assessments to budget-priced post-incident legal support....more

Snell & Wilmer

Cybersecurity on Your Project: Why Not Follow National Security Strategy?

Snell & Wilmer on

In its recent Cybersecurity Strategy, the U.S. Department of Homeland Security (DHS) defined “cyberspace” as “the independent network of information technology infrastructure, including the Internet, telecommunications...more

Womble Bond Dickinson

Response Options For Businesses With Sensitive Data Breaches

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Your heart raced when the caller on the phone identified himself as an FBI agent. But the conversation was matter-of-fact. About 2,500 sets of credit card information from your clients had been posted for sale on a...more

Akin Gump Strauss Hauer & Feld LLP

National Association of Insurance Commissioners Issues Insurance Data Security Model Law

• NAIC recently adopted an Insurance Data Security Model Law that follows the risk assessment-based approach of the New York DFS Cybersecurity Regulation. This signals the growing influence of the New York Regulation,...more

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