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Companies That Pay Hackers May Be Able to Recoup Their Losses | Ervin Cohen & Jessup LLP - Vimarsana News

Companies That Pay Hackers May Be Able to Recoup Their Losses | Ervin Cohen & Jessup LLP

Where companies are victimized by ransomware or email scams, their losses arise from payments made by an officer or employee of the company. In the case of ransomware, a...

Ohio Supreme Court Rules Insurance Policy Does Not Cover Ransomware Attack on Software | Kohrman Jackson & Krantz LLP - Vimarsana News

Ohio Supreme Court Rules Insurance Policy Does Not Cover Ransomware Attack on Software | Kohrman Jackson & Krantz LLP

Ransomware insurance coverage has become increasingly popular in recent years as the threat of ransomware attacks has continued to grow. However, despite the widespread adoption of this...

Direct Means Proximate? Oregon District Court Holds Ransomware Payment Is a Direct Loss | Clark Hill PLC - Vimarsana News

Direct Means Proximate? Oregon District Court Holds Ransomware Payment Is a Direct Loss | Clark Hill PLC

In yet another troubling decision to the crime insurance industry, on Dec. 6, a federal district court, applying Oregon law, found coverage for a ransomware payment under a Computer...