Litigation Wave Coming
September 21, 2015
General counsel, chief information officers and chief financial officers are advised to prepare for a coming wave of cyber-litigation, in part by reviewing their insurance coverage. It’s the smaller and less common claims that, if they come in large numbers, can overwhelm a law department’s resources, writes Kenneth N. Rashbaum, partner at Barton, LLP, and adjunct professor at Maurice A. Deane School of Law at Hofstra University. Some legal theories these cases rest on are counter-intuitive, and others may not be covered by Commercial General Liability, Errors and Omissions or Cyber Risk Insurance. Additional coverage or endorsements to existing policies are worth considering, he says.
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