Posted In:
Cybersecurity & Data Privacy and Insurance Recovery
Industry:
Technology
Corporate TIPS & Coverage Counselor: Recent Cyberattacks Complicate Cyber Insurance Industry and Coverage
By Jarman J. Smith on September 2, 2021
The cyber insurance industry is drastically evolving amid a recent wave of cyberattacks against businesses, organizations and agencies throughout the world. Although the increase in frequency and negative impact of cyberattacks has inflated the demand for cyber insurance policies, several factors may make it more difficult for parties to obtain and maintain such coverage....
Posted In:
Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: U.S. Data Privacy Law Patchwork Grows as States Enact New Legislation
By Craig S. Horbus & Jarman J. Smith on August 18, 2021
The framework of comprehensive data privacy regulations in the United States has expanded yet again, with two states enacting new privacy legislation. Virginia became the second U.S. state, behind California, to establish consumer privacy and data security regulations through the enactment of the Virginia Consumer Data Protection Act (VCDPA) in March of 2021....
Posted In:
Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: Supreme Court's Narrow Interpretation of the CFAA and How That Impacts Your Business
By Jarman J. Smith & Hailey E. Hillsman, Summer Associate on August 4, 2021
A recent Supreme Court decision narrowed the scope and application of the Computer Fraud and Abuse Act of 1986 (CFAA), which imposes criminal liability on anyone who "intentionally accesses a computer without authorization or exceeds authorized access." In Van Buren v. United States, the Supreme Court reversed the Eleventh Circuit's broad interpretation of the "exceeds authorized access" clause in the CFAA that was the basis for the conviction of former Georgia police sergeant, Nathan Van Buren....
Posted In:
Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: Cybersecurity is Front and Center of Executive Policy
By Craig S. Horbus & Jarman J. Smith on July 21, 2021
The first half of 2021 was full of high-profile cybersecurity incidents. So much so, the Biden administration has released an executive order containing directives aimed at boosting IT software security. In theory, this executive order should help organizations avoid falling victim to cyberattacks similar to those experienced by Colonial Pipeline and JBS. The order tightens cybersecurity rules for government contractors and sets up an incident review board to ease the impact of major cyberattacks....
Posted In:
Business Transactions & Corporate Counseling and Cybersecurity & Data Privacy
Industry:
Technology
Corporate TIPS: JBS Cyberattack Linked to Russian "REvil" Ransomware
By Jarman J. Smith on July 7, 2021
Attorney Jarman Smith discusses a recent cyberattack on the world's largest meat supplier, JBS, the company's incident response, and how organizations everywhere can prepare for and protect against ransomware attacks....
