As businesses increasingly face cybersecurity attacks, they find themselves defending against lawsuits alleging negligence in securing cyber protections. While the article focuses on recent state and federal pre-answer motion to dismiss rulings in New York, it underscores the importance of parties recognising that, depending on their plea, they may have to deal with expensive fact and expert discovery.
“An Expensive Problem”: Cracking the Cyber Insurance Conundrum
Rampant ransomware attacks have hit the healthcare industry, with incidents increasing by more than 600%, costing an average of $10 million per breach. This has
