Not long ago, there was a kerfuffle over the use of the term “OK, Boomer,” which I guess is a pejorative term aimed at my generation for being out-of-touch with the modern world. (See the Vox article here.) Truth be told, maybe we are out of touch, at least about some things. As someone
Cyberliability
Insurance coverage (or maybe not) for computer fraud
In the world of insurance, computers are the new “environmental.”
Let me explain. Back in the 1980s, the insurance industry, recognizing the magnitude of exposure it faced for environmental liabilities, embarked on a public relations campaign to convince courts and policyholders that no coverage existed for environmental problems under comprehensive general liability insurance policies. (The…
Developments in cyberliability coverage
We in business are all overwhelmed with reading material, but I try to make sure that I read at least some legal and business publications every day to keep up with developing trends. And, it seems that every day I see another article about a new hacking incident, or another dire warning about cyber-risk. (The…
More Developments in Insurance Coverage for Data Breach
I gave a presentation last week to the New Jersey Institute for Continuing Legal Education on the topic of insurance coverage for cyberliability. (I know, I know, that and four bucks will get me a latte at Starbucks.) The dangers of data breach are quite the hot topic lately (NSA, Snowden, Target, and on and…
New Developments in Cyberliability Coverage
If you’re a Rolling Stones fan, you may remember the (underrated) 1974 song, “Fingerprint File.” (You can hear it by clicking here…“Listenin’ to me/On your satellite.”) Who knew that, four decades ago, Mick and Keith could be so prescient about cybersnooping and leaks of sensitive data? Edward Snowden, Bradley Manning, NSA, Nigerian scammers…even British …
Insurance coverage for cyberliability
At the end of this month (January 26, to be exact), assuming that the Mayans remain incorrect, I’ll be doing a presentation to the New Jersey Institute for Continuing Legal Education on the topic of insurance coverage for cyberthreats. Of course, I probably should be disqualified from making any comments whatsoever about trends in computer-related…