The Fifth Circuit added to the emerging body of case law addressing the recovery of business income losses in the cyber insurance coverage context to kick-start 2024 in Southwest Airlines Company v. Liberty Insurance. In a case of first impression …
The hacks came one right after another, sowing chaos at hospitals, idling America’s biggest gasoline pipeline, crippling a huge meat supplier and devastating hundreds of companies over the July 4 weekend. Now, insurers are reassessing the cyber business. With cyberattacks …
An increase in spearfishing and ransomware, coupled with weakened data security due to more connected and mobile devices, means businesses and insurers need to understand and protect against these threats. That’s according to an expert panel discussion held during the …
As businesses increasingly connect with customers via the Internet, the likelihood of a cyber breach increases. Just a few weeks ago, Adobe Systems said that hackers accessed data belonging to more than 2.9 million customers along with the source code …