Privacy Risk Report

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cyber security

Understanding Issues Related to “Standing” in Data Breach Litigation Provides Insight to Insurers

Whether a litigant has “standing” to bring a lawsuit has been a threshold question in data breach cases for a number of years. The basic criteria addressing this is found in Article III of the Constitution which limits the jurisdiction of… Continue Reading →

Step By Step Analysis of a Response to Recent Ransomware Attack

Ransomware attacks are on the rise and appear to be a long-term problem. For example, last February in California, the Orange County Transportation Authority (OCTA) suffered a ransomware attack that shut down a number of its computers, causing more than… Continue Reading →

Walk the Plank: Court Finds Pirated Cable Programming Not “Data” in Multimedia Liability Policy

In Ellicott City Cable LLC v. AXIS Ins. Co., the U.S. District Court for the District of Maryland held the term “data” did not include cable television programming that was accessed without DirecTV’s authorization. The definition of “data” became the… Continue Reading →

Expert Witness Testimony Must Be Accounted for While Valuing Damages in Cyber Cases

Although cyber litigation is still evolving, there has been little opportunity to consider the value of expert witnesses and consultants in these cases. However, as we begin to see more claims and litigation, there will be no question that expert… Continue Reading →

Cardinals’ Exec’s Prison Sentence Sets Stage for Future “Cyber Espionage” Cases

The New York Times has reported that a Texas federal judge sentenced former St. Louis Cardinals Director of Baseball Development, Christopher Correa, to 46 months in prison after pleading guilty to five counts of unauthorized access of a protected computer. The… Continue Reading →

Shareholders’ Derivative Suit Misses Target, Still Offers Warning to Directors & Officers

On July 7, 2016, Judge Paul Magnuson of the United States District Court for the District of Minnesota granted several motions to dismiss by Target directors and officers seeking dismissal of derivative suits filed by various Target shareholders. The derivative… Continue Reading →

Pokémon Go Provides Opportunity for Insurers to Start Considering New Technology

At the height of the Internet of Things, a new technology craze has thrown the insurance industry for another loop as “augmented reality” takes hold. On July 6, 2016, Pokémon Go, an interactive app-based game, is on pace to have… Continue Reading →

Nothing to See Here: Underreporting Cyber Security Incidents Impacts Cyber Insurance

Data indicates that large-scale data breaches in 2015 alone resulted in the exposure of approximately 429 million personal records. However, these estimates are too low because many data breaches are not reported. In fact, the “real number” of exposed personal… Continue Reading →

Brexit Vote Not Expected to Immediately Impact US Cyber Insurance Marketplace

Last week, Great Britain voted to leave the European Union (EU), a landmark move known as “Brexit,” with more than 17.4 million voting to leave while 16.1 million voted to remain. The vote resulted from a referendum put forth by… Continue Reading →

Home Is Where the Hacker Is: Cyber Coverage Becoming Necessary for Homeowners

There has been significant discussion since 2015 on how the “internet of things” is expected to impact our daily life, including our homes. In general, the term “internet of things” (IoT) refers to a network of “smart” devices found in… Continue Reading →

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