News & Analysis as of

Risk Management Cyber Insurance

J.S. Held

Strategies to Avoid Cyber Insurance Claim Challenges: Part I

J.S. Held on

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

Woodruff Sawyer

Running to Stand Still: Practical Cybersecurity Governance Considerations for Boards and Management Teams

Woodruff Sawyer on

It’s obvious that strong cybersecurity governance should help to reduce a company’s risk of succumbing to a cybersecurity incident or being significantly impacted should one materialize. One major challenge: determining what...more

Jones Day

Anticipating Artificial Insurer Defenses: Maximizing Insurance Coverage for AI Exposures

Jones Day on

The Situation: The global market for artificial intelligence ("AI") technologies is projected to surpass $1 trillion by 2030....more

Fox Rothschild LLP

Navigating the CDK Global Ransomware Attack: Practical Guidance for Auto Dealerships

Fox Rothschild LLP on

CDK Global, a key provider of cloud-based software for auto dealerships, suffered a severe ransomware attack this week, disrupting operations for thousands of dealerships across North America. The attack has crippled vital...more

Womble Bond Dickinson

Cybersecurity Crunch: Building Strong Data Security Programs with Limited Resources - Insights from Tech and Financial Services...

Womble Bond Dickinson on

In today’s digital age, cybersecurity has become a paramount concern for executives navigating the complexities of their corporate ecosystems. With resources often limited and the ever-present threat of cyberattacks,...more

Integreon

Best Practices for Reducing the Cost of a Cyber Incident for Small to Mid-Sized Businesses

Integreon on

Originally published in American Business Magazine - May 2024. Many small- and mid-sized business owners believe that they are not prime targets for a cyber breach and that threat actors only go after large companies. This...more

HaystackID

Alarming Insurance Gaps and Soaring Breach Rates Call for a United Front in Cybersecurity

HaystackID on

Editor's Note: The convergence of CYE's and Surfshark's analyses reveals a critical juncture in the fight against cyber threats. With the U.S. leading global data breaches and businesses facing significant insurance coverage...more

Health Care Compliance Association (HCCA)

Hackers Increasingly Leveraging Threats to Patients to Pressure Health Organizations to Pay Ransom

Cyberhackers—potentially frustrated by their limited ability to extort ransom from health care entities in attacks—have started extorting the patients themselves, threatening them with the release of information or...more

Bradley Arant Boult Cummings LLP

One Phrase, Multiple Interpretations – How Your Scope of Cyber Coverage Can Vary Depending on Your Jurisdiction

This is a deceptively simple question — risk managers rightfully expect to know the scope of their coverages when they build their insurance programs. Unfortunately, judicial interpretation of common policy terms can turn...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Insuring Innovation: Protecting Your Organization in the Age of Generative AI

The decision to integrate Generative AI (“GAI”) into an organization is one that occupies significant space these days in many corporate board rooms. In today’s rapidly evolving business landscape, the adoption of GAI...more

A&O Shearman

Chief Information Security Officers and cyber whistleblowing: considerations for PE firms

A&O Shearman on

Managing these risks at a single company should be straightforward.  Executives and CISOs may be personally held accountable for cyber failings, negligence, breaches, and inadequate disclosure around cyber vulnerabilities and...more

K&L Gates LLP

Navigating the New Frontier: Insurance for Artificial Intelligence Risks

K&L Gates LLP on

On 27 December 2023, The New York Times filed a lawsuit against OpenAI and Microsoft alleging copyright infringement in connection with OpenAI’s popular ChatGPT technology. This lawsuit is part of the first wave of...more

Snell & Wilmer

Preparing for SEC’s New Cybersecurity Rules

Snell & Wilmer on

On July 26, 2023, the U.S. Securities and Exchange Commission (“SEC”) adopted final rules relating to enhanced cybersecurity disclosures, which became effective on September 5, 2023 (the “Final Rules”). Beginning in December...more

Morrison & Foerster LLP

Litigation Readiness: Seven Things to Keep in Mind

Morrison & Foerster LLP on

Data breach class actions continue to rise, following almost inevitably from nearly every major security incident. Here are seven things in-house counsel can do to prepare for that anticipated litigation....more

Ward and Smith, P.A.

Healthy Financial Planning: Factoring in the Rising Costs of Insurance Premiums

Ward and Smith, P.A. on

As part of their financial planning and risk-management practices, business owners should regularly take stock of their insurance to ensure that they have the right types and amounts of coverage. In doing so, business owners...more

BakerHostetler

DSIR Deeper Dive: 2023 Crypto Threat Landscape

BakerHostetler on

Following one of the most turbulent years in crypto history, 2023, in contrast, unfolded as a year of reprieve, including from crypto threats. According to a July 12, 2023, report from blockchain analytics firm Chainalysis,...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

K&L Gates LLP

The MOVEit Hack, Ransomware Attacks, and Cyber Insurance

K&L Gates LLP on

Ransomware attacks and cyber data theft are an unfortunate fact of life for businesses. Whether through attacks targeting individual companies or widespread campaigns carried out by exploiting vulnerabilities in third-party...more

Woodruff Sawyer

7 Ways to Be an Adult in the Softening Cyber Insurance Market

Woodruff Sawyer on

Insurance industry veterans the world over often quip that the market is cyclical in nature and has a short memory span. Premiums, deductibles, limit size, and coverage breadth ebb and flow with the availability of competing...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

Latham & Watkins LLP

Cyber Security Incidents als Herausforderung für die Rechtsabteilung - wichtigste Punkte, die Unternehmensjuristen über die...

Latham & Watkins LLP on

Hackerangriffe, Datendiebstahl, Ransomware, Datenpannen und sonstige Cybersecurity Incidents werden immer mehr zu einem zentralen Unternehmensrisiko. Dabei wird oft übersehen, dass dieses Thema nicht nur in technischer,...more

Pillsbury - Policyholder Pulse blog

The Dangers of Dialogue: Ransomware Attackers Want to See Your Cyber Insurance Policy

Amidst the recent surge in ransomware attacks on U.S. businesses—with crypto criminals and sometimes State actors invading and encrypting computer and operating systems and extorting funds in exchange for the decryption...more

Eversheds Sutherland (US) LLP

Cyber risk strategy: State-backed cyber attacks and trends in cyber policies and risk management

Lloyds Market Bulletin Y5381 - Back in March 2022, we detailed the significant risks to both insureds and insurers posed by unclear cyber insurance policy wordings, with a particular focus on war exclusion clauses in the...more

Burr & Forman

Cyber Insurance - An Essential Component to Your Business

Burr & Forman on

The impact of cyber-attacks cannot be underestimated. Cyber liability exposure will be a loss leader for businesses in 2023. With this in mind, it is imperative for any business to properly manage its ever growing cyber risk,...more

Lowenstein Sandler LLP

London’s Nation-State Attack Exclusion: Game Changer For The Cyber Insurance Market or An Opportunity For Competition Within the...

Lowenstein Sandler LLP on

Lloyd’s of London’s new requirement that all insurers issuing standalone cyber coverage exclude liability for any state backed cyber-attacks could present a systemic risk to the insurance market, raising questions of coverage...more

152 Results
 / 
View per page
Page: of 7

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide