2022 Verizon Data Breach Report Verizon recently released its annual Data Breach Investigations Report, which analyzes over 23,896 incidents and 5,212 confirmed breaches. The report provides a valuable overview of the cybersecurity landscape and quantifies the trends we have reviewed in past...
North Carolina Prohibits Paying Ransoms North Carolina recently made headlines when it became the first state to not only prohibit its agencies and local governments from paying ransomware demands after falling victim to a ransomware attack, but also prohibit these entities from communicating with...
2022 DSIR Vendor Incidents Deeper Dive Vendor incidents present unique challenges to both the vendor and customers involved. A recent piece by Baker Hostetler’s Stefanie Ferrari outlines why these events are more complicated to manage. Ferrari also provides some valuable perspective on how vendors...
Cyber Incident and Reporting Act We’ve covered the shifting landscape of cyber threats at length in recent months, but the responsibility of attack victims is also a moving target. A recent Epstein, Becker & Green piece featured on JDSupra highlighted the newly broadened responsibilities in the...
2022 Cyber Market Observations: Carrier Perspective Berkley’s Steve Brusko recently penned a detailed projection from a carrier’s perspective on the 2022 cyber market for Plus Blog. Much of this write-up (which includes market volatility due to loss activity, capacity challenges, insurers' efforts...
Subrogating a Cyber Attack As cyber attacks continue to increase in both frequency and severity on a seemingly daily basis, it’s natural to worry about the “what ifs” involved with being a potential victim. From an insurance perspective, the claims adjuster’s first concern is making their insured...
Cyber Insurance: 2021 Year in Review We kick off another year of Cyber News Bytes by looking back at 2021 cyber insurance trends with a new article from PLUS Blog. In this article, Markel Corporation Managing Director and Global Cyber Underwriting Executive Kelly B. Castriotta provides an...
Each month, RCM&D’s Cyber Practice highlights key issues in the world of cybersecurity. In this month’s edition of Cyber News Bytes, we discuss developments in a recent ransomware gang shut down, tech supply chain risks and more. Ransomware Gang Shut Down We begin this month’s newsletter with some...
Each month, RCM&D’s Cyber Practice highlights key issues in the world of cybersecurity. In this month’s edition of Cyber News Bytes, we discuss NetDiligence's annual claims review, updated guidance from OFAC, CCPA takeaways, and more. The RCM&D Cyber Practice stands read to help you tackle today’s...
Each month, RCM&D’s Cyber Practice highlights key issues in the world of cybersecurity. In this month’s edition of Cyber News Bytes, we discuss a recent ransomware attack and the aftermath, T-Mobile's recent data breach, updates to guidance regarding cyber resilience, and more. Ransomware Update...