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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 Fraud insuring agreement. Yoshida Foods Int’l, LLC v. Fed. Ins. Co., No. 3:21-cv-01455-HZ, 2022 WL 17480070 (D….

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