Privacy Risk Report

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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 →

The Future Is Now: Court Finds No Coverage Under Cyber Policy for P.F. Chang’s Data Breach

In 2014, P.F. Chang’s experienced a credit card breach involving a number of its restaurants that culminated in numerous lawsuits nationwide. The ensuing litigation related to this data breach provided significant insight into what would become the important issues in data… Continue Reading →

Hackers See You When You’re Sleeping–Hackers Know When You’re Awake: Major Data Breach Involving Children’s Information and Pictures Calls Smart Toys Further Into Question

As we go into the holiday shopping season, many questions arise about whether “smart toys,” which store sensitive data regarding children, are secure from hackers. Children are high-valued targets for hackers because they have clean credit reports and their credit histories likely… Continue Reading →

Anonymous and Other Hackers vs. ISIS: Cyber Security Implications

Less than 24 hours after the Islamic State in Iraq and Syria (ISIS) killed more than 100 people in Paris, the hacking group Anonymous used an unverified video declaring war on ISIS. In a video posted to YouTube, an Anonymous… Continue Reading →

The First Cable Operator to Be Targeted by the FCC for Data Breach Settles for $595,000

The Federal Communications Commission (FCC) recently fined Cox Communications, Inc. (Cox) $595,000 for failing to properly protect its customers’ personal information related to a 2014 data breach. In the November 5, 2015, FCC order, the FCC stressed the importance of… Continue Reading →

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 →

Can Statistics Be Used to Predict Data Breaches?

As the East Coast closely watches meteorologists’ models and predictions to prepare for Hurricane Joaquin, it may be a good time to consider the role of using statistics and models to predict the next data breach. A recent study entitled… Continue Reading →

Car Owners File Nationwide Class Action Based on Allegations of Hacking a Car

Purchasers of cars manufactured by Fiat Chrysler Automobiles (FCA) have filed a purported class action in the U.S. District Court for the Southern District of Illinois arising out of their cars’ vulnerability to hackers taking control of their cars’ functions,… Continue Reading →

Todd Rowe to Be Panelist on Advisen’s April 7 Webinar: The Changing Face of Cyber Risk

On April 7, 2015, Advisen will host a panel including Tressler attorney Todd M. Rowe for a discussion entitled “The Changing Face of Cyber Risk.” The panel also includes David Derigiotis, Head of Professional Liability Center of Excellence at Burns… Continue Reading →

Cyber-Security Included as a Priority for Securities and Exchange Commission

Last week, the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (“OCIE”) released its examination priorities for 2015. One area of focus will be assessing cybersecurity controls. TheOCIE’s letter to national exchanges sets out its examination approach for the… Continue Reading →

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