Privacy Risk Report

Tag

policy

New Study and Recent Criminal Conviction Sheds Light on the “Malicious Insiders” Threat

While large cyber attacks and data breaches may get the headlines, a recent study prepared by the Ponemon Institute and Hewlett-Packard and a recent criminal conviction of a Los Angeles Times reporter that disclosed corporate passwords on a hacker website serve… Continue Reading →

One of the Biggest Cyber Insurance Lawsuits of the Year Fizzles Out

While there has been significant increase in cybersecurity litigation this summer, one closely watched case, Columbia Cas. Co. v. Cottage Health Sys., 15-cv-3432 (2015 C.D. Cal.), has been taken outside the courtroom. On July 17, 2015, the District Court for… Continue Reading →

Following 2014’s “Year of the Breach,” 2015 is Shaping Up to Be the “Year of Data Breach Litigation”

Last year, there were a number of high profile breaches—earning 2014 the “Year of the Breach” tag. This year is seeing the fallout, as many of these breaches have resulted in significant litigation. For example, the Home Depot breach in April… Continue Reading →

Connecticut Supreme Court Finds No Coverage Under CGL Policy for Lost Data

There have been more developments in the law related to cyber and data breach claims in the last two weeks than in the last year. First, Sony and Zurich settled their coverage dispute that left the lower court’s decision (which was… Continue Reading →

Court’s Determination That There Is No Duty to Defend Under Cyber Policy for Lawsuit Related to a Gym’s Data Causes Insured to Sweat

On May 11, 2015, the U.S. District Court of Utah denied an insured’s motion for partial summary judgment in Travelers Property Casualty Company of America et al. v. Federal Recovery Serv.et al. The court found there was no duty to… Continue Reading →

Sony and Zurich Settle Data Breach Case Before Appellate Court Can Decide Coverage Issues Under CGL Policy

Early reports indicate that Sony Corp. of America and Zurich American Insurance Company (along with other insurers) have reached settlement terms today in their data breach case involving a hack of the online services for the Sony PlayStation in April 2011. These… Continue Reading →

D & O Underwriters Struggle With the Lack of Information Disclosed Related to Cyber Risks

This year’s PLUS (Professional Liability Underwriting Society) annual conference, held last week in Las Vegas, Nevada, provided insight on the issues underwriters are facing related to cyber liability and data breaches in the context of directors and officers insurance policies…. Continue Reading →

Insured’s Attempt to Establish Coverage Under Professional Liability Policy Survives Motion to Dismiss Based on Voluntary Payments Clause

In First Commonwealth Bank v. St. Paul Mercury Ins. Co., No. 2:14-cv-00019-MPK (W.D. Pa.), St. Paul, the insurer for a bank, First Commonwealth, filed a motion to dismiss First Commonwealth’s breach of contract claim which sought coverage under a professional liability… Continue Reading →

P.F. Chang’s Data Breach Spurs Insurance Litigation

We are starting to see insurance coverage litigation related to the data breach this summer at P.F. Chang’s restaurants. On October 2, 2014, Travelers filed a lawsuit in the District Court of Connecticut seeking a declaration that it has no duty to defend… Continue Reading →

© 2024 Tressler LLPDisclaimer | Privacy Policy

Tressler Blog Network Bad Faith BulletinCGL DispatchCondo Law WatchLocal Government LowdownThe Property LineSpecialty Lines Advisory