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Cyber Risks & Liabilities: Cybersecurity Awareness Programs: Benefits and Implementation

Cybersecurity Awareness Programs: Benefits and Implementation - Businesses of all sizes are susceptible to cyberattacks such as phishing scams, malware attacks and ransomware schemes, which can create significant...

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Coverage Insights: Differences Between Traditional and Cyber Business Interruption Policies

- Differences Between Traditional and Cyber Business Interruption Policies - When organizations face large-scale disasters or other unexpected losses, ensuring business continuity is often a top priority. Yet, various...

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Data Breach Class Actions Skyrocketed in 2023

- Data Breach Class Actions Skyrocketed in 2023 - Data breach class action lawsuits “exploded” in 2023, according to Duane Morris LLP’s Class Action Review 2024, becoming one of the fastest growing areas of litigation...

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Cyber Risks & Liability: MGM Cyberattack Emphasizes Need for Layered Digital Defenses

MGM Cyberattack Emphasizes Need for Layered Digital Defenses - The odds are stacked in favor of increasingly bold and sophisticated cybercriminals, as MGM Resorts International and Caesars Entertainment learned back in...

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Cyber Update: MGM Cyberattack Emphasizes Need for Layered Defenses

MGM Cyberattack Emphasizes Need for Layered Defenses - The odds are stacked in favor of increasingly bold and sophisticated cybercriminals, as MGM Resorts International and Caesars Entertainment learned this week,...

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Legal Update: SEC Adopts Final Rules for Public Companies’ Cybersecurity Disclosures

- - SEC Adopts Final Rules for Public Companies’ Cybersecurity Disclosures - On July 26, 2023, the U.S. Securities and Exchange Commission (SEC) published final rules to enhance and standardize how companies disclose...

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Cyber Update: Average Data Breach Costs $4.4M

- Average Data Breach Cost Hits All-time High of $4.4M - According to IBM’s annual Data Breach report, the average cost of a data breach reached an all-time global high of $4.45 million, up 2.3% from 2022 and 15.3%...

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Cyber Liability: The Value of Cyber Insurance

- The Value of Cyber Insurance - As cyberattacks become more frequent and costly, it’s crucial for organizations to maximize their financial protection against related losses by purchasing sufficient insurance. Cyber...

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Cyber Liability: Preventing Data Theft by Departing Employees

When employees leave a company, there is a heightened risk of data theft, which is also known as data leakage or exfiltration. This risk is present whether an employee’s departure is voluntary or not. The consequences...

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Cyber Liability: 9 Cyber Risk Questions Every Board Should Ask

When a data breach or other cyber event occurs, the damages can be significant, often resulting in lawsuits, and serious financial losses. What’s more, cyber exposures impact businesses of all kinds, regardless of their...

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Cyber Liability: Creating a Cybersecurity Culture

Employees are an organization’s first line of defense against cybercriminals. For this reason, they are also commonly targeted. In fact, the vast majority (88%) of data breaches are caused by employee mistakes,...

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Cyber Risks & Liabilities

The Importance of a Standalone Cyber Insurance Policy - Over the course of the past decade, many organizations have relied on standard property and liability coverage rather than a standalone cyber insurance policy to...

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