On May 20, 2016, the U.S. Court of Appeals for the 8th Circuit affirmed a District Court decision finding coverage for a loss under a financial institution bond issued by BancInsure, Inc. (BancInsure) to the State Bank of Bellingham (Bellingham)…. Continue Reading →
In order to fully understand the risks associated with cyber security, insurers and policyholders are constantly forced to grasp new concepts related to the hackers themselves as well as how information sought by hackers is being stored and protected. In… Continue Reading →
As if rush hour traffic was not bad enough, last summer drivers learned that gadgets making life on the road easier could present cyber security concerns. Specifically, a lawsuit was filed against Jeep, based on allegations that Chrysler issued a… Continue Reading →
On April 14, 2016 the 7th U.S. Circuit Court of Appeals issued its opinion in Lewert v. P.F. Chang’s China Bistro, Inc. where it held, once again, that data breach class action plaintiffs suffered damages that “were concrete and particularized… Continue Reading →
Over the last couple of years, courts have struggled with whether cyber claims could trigger coverage under commercial general liability (CGL) insurance policies. While courts have found most cyber claims will not be covered as “bodily injury” or “property damage”… Continue Reading →
Researchers from the University of Illinois, the University of Michigan and Google published “Users Really Do Plug In USB Drives They Find.” The report covers the controlled experiment where researchers placed nearly 300 USB thumb drives around the University of… Continue Reading →
Over the last few years, cyber security has focused on incidents where there is no contact with the criminal. That is, a data breach would occur and the criminal would be long gone before the victim knew there was an… Continue Reading →
Even though there seems to be a breach in the healthcare industry every week, there is still a lot to learn from these patient information breaches. For example, a recent breach at 21st Century Oncology demonstrates important issues concerning the… Continue Reading →
IBM and the Ponemon Institute estimate the per-record cost of a data breach reached $154. While there have been a number of studies related to the expense of a data breach, there is little information about the cost of cyber… Continue Reading →
The largest privacy case to date is currently pending in the U.S. District Court for the Central District of California between Apple and the U.S. Government. This case arises out of a request by the Department of Justice and FBI for… Continue Reading →
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