So a few weeks back I was interviewed about several current issues in cyber liability insurance. As part of the lead-up to the interview, I was sent a couple of links concerning issues that the interviewer wanted my take on. Most of them I’d seen before. However, there was one that was new to me:
After reading the article, I was stunned that a law firm – as in a business that performs at least most of its work in the practice of law – would even consider filing such a lawsuit. Turns out they even got an attorney in a different firm to represent them. They were at least smart enough about not being – or having – a fool for a client. While you might disagree with me on the merits of this particular lawsuit – as an attorney whose practice includes insurance coverage matters, I can concede that insurance is treated differently from state to state – there’s definitely something that everyone can take away from this incident.
There is one thing you absolutely, positively must do before purchasing cyber liability insurance: (more…)