Pauline Toboulidis | December 7, 2016 | Data Privacy
Security breaches remain big news, virtually every day. Executives and managers understand it is a question of “when,” not “if,” their companies will be targeted. Companies in all industries, as well as a host of other organizations, are affected. Hackers are engaged...
Joseph J. Arcata III and Elizabeth O'Donnell | December 1, 2016 | Data Privacy, Liability Insurance
When it comes to insurance coverage for cyber risks, uncertainty continues to reign supreme. Cyber liability insurance is constantly evolving, and while dozens of insurers currently offer a cyber liability product, coverages are not standard from policy to policy....
Daniel Ray | October 10, 2016 | Data Privacy
On September 14, 2016, U.S. Representative Ed Perlmutter (D-Colo.) introduced the “Data Breach Insurance Act,” which would incentivize private industry to enhance its cybersecurity posture by providing federal income tax credits. Specifically, the bill would reward...
Pauline Toboulidis | October 6, 2016 | Data Privacy
Johnson & Johnson recently warned its patients in a letter that the OneTouch Ping Insulin Pump System has a cybersecurity issue involving the possibility of a third party gaining unauthorized access to the pump. Though the pump system is not connected to the...
Thomas Dawson and Yuliya Feldman | September 15, 2016 | Data Privacy
On September 9, 2016, the New York Department of Financial Services (NYDFS) proposed a long-awaited regulation setting out cybersecurity requirements for financial services companies, including any company authorized to operate pursuant to a “license, registration,...