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Coverage for Cyber Risks

By Louis A. Chiafullo and Brett D. Kahn, Attorneys, McCarter & English, LLP In their article appearing in the May/June 2011 issue of Coverage , "Coverage for Cyber Risks," Louis Chiafullo and Brett Kahn first observe that the costs arising from data breaches are escalating exponentially...

The Target Data Breach: Some Preliminary Thoughts On Coverage; The Great Connecticut Coincidence; And The Real Insurance Impact

So far the focus of the Target data breach has been on its scope, how it may have happened, Target’s response and the various types of financial havoc that it could cause for the nation’s second largest retailer. But no doubt it won’t be long before insurance coverage becomes a front...

Insurance Coverage for Data Breaches - What Every Business Needs to Know

By Michael R. Kelley . According to FBI Director Robert Mueller, "there are only two types of companies: those that have been hacked and those that will be…." Computer hackers stealing our personal information (social security numbers, bank accounts, addresses and phone numbers...