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Maryland Court Finds Coverage for Lost Data and Slow Computers After Ransomware Attack

Posted on February 6, 2020 by Dissent

Seen on Hunton Andrews Kurth’s blog,

As previously posted on our Hunton Insurance Recovery blog, a Maryland federal court awarded summary judgment to policyholder National Ink in National Ink and Stitch, LLC v. State Auto Property and Casualty Insurance Company, finding coverage for a cyber attack under a non-cyber insurance policy after the insured’s server and networked computer system were damaged as a result of a ransomware attack. This is significant because it demonstrates that insureds can obtain insurance coverage for cyber attacks even if they do not have a specific cyber insurance policy.

Read more on Privacy & Information Security Law Blog.


Related:

  • Two more entities have folded after ransomware attacks
  • British institutions to be banned from paying ransoms to Russian hackers
  • Global hack on Microsoft product hits U.S., state agencies, researchers say
  • Authorities released free decryptor for Phobos and 8base ransomware
  • More than 100 British government personnel exposed by Ministry of Defence data leak
  • North Country Healthcare responds to Stormous's claims of a breach
Category: Commentaries and AnalysesMalwareOf Note

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