Policy Terms, Cybersecurity, Data Protection

Strategies to Avoid Cyber Insurance Claim Challenges: Part I

J.S. Held on 9/11/2024

Cyber risk is now a normal part of our personal and professional lives. When companies suffer a cyber incident, they often look to their insurance policy for coverage to help mitigate the financial exposure. Additional...more

Cyber Insurance Carriers, Increasingly Targeted by Hackers, Impose New Coverage Conditions

Bilzin Sumberg on 9/13/2021

Insurers that offer coverage for cyberattacks find themselves playing both offense and defense lately. As they await possible action by Congress to enact federal cybersecurity legislation, the insurance industry has gone on...more

New York’s DFS Publishes A Cyber Insurance Risk Framework

Husch Blackwell LLP on 3/9/2021

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

Beyond Data Breach: Evaluating Coverage for Misuse of Information Claims

Hinshaw & Culbertson - Insights for Insurers on 7/11/2020

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

Ransomware Attack Replacement Costs Are Covered “Direct Physical Loss or Damage” Under Standard Business Owner’s Policy, According...

Carlton Fields on 3/6/2020

A Maryland federal court recently weighed in on the still-murky world of insurance coverage for cybersecurity losses, finding replacement costs necessitated by a ransomware attack were “direct physical loss or damage” to a...more

Court Finds That Insurer’s Quote Implied Coverage for Computer Hacking Losses

Robinson+Cole Data Privacy + Security Insider on 8/24/2019

In an interesting case from Indiana, a court recently ruled that language in the insurer’s “quotes” for coverage in a crime policy led the insured to believe that losses for computer hacking would be covered under the policy...more

OnRisk: What U.S. Policyholders Should Know About GDPR

K&L Gates LLP on 4/24/2019

In this episode of OnRisk, Lucas Tanglen and Jeff Meagher discuss the cyber insurance implications of the European Union’s new privacy regulation—the General Data Protection Regulation or GDPR. The GDPR, which took effect on...more

Will Insurance Provide Coverage for GDPR Fines?

Robinson+Cole Data Privacy + Security Insider on 10/1/2018

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

Perspectives on Insurance Recovery - Summer 2018

Pillsbury Winthrop Shaw Pittman LLP on 9/6/2018

Expanding the Boundaries of Coverage in the Face of Evolving Risks - Advances in technology, social change, new regulations—developments like these challenge companies’ risk-mitigation efforts and insurance programs. As the...more

Cyber Security Insurance: Nine Questions to Ask to Determine Your Exposure

Polsinelli on 6/29/2018

There is an increased interest in cyber security insurance for businesses amid frequent news of computer hacking, network intrusions, data theft, and high-profile ransomware attacks. Originally published in Houston...more

CGL Coverage for Cyber Data Breaches: Court Finds No Coverage unless the Policyholder Itself Publishes the Private Information

Blank Rome LLP on 3/6/2018

As cybersecurity incidents continue to mount and as the issue of data security becomes increasingly important and a source of potential liability, companies should consider whether their standard commercial general liability...more

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