Cyberinsurance: Making the Policy Fit
May 02, 2013
It seems that everyone these days, from President Obama to Facebook account holders, is concerned about cybersecurity. Data breaches and cyberintrusions are front page news, and businesses are warned to take a 'when, not if' approach to these threats.
Insurance Coverage for Cyber Attacks
April 29, 2013
Companies should carefully examine their insurance programs, evaluate what coverage already may be available, and see what may be done to enhance the available coverage. To the extent that there may be gaps in available coverage, companies should consider how those gaps can be filled, including through specialty "cyber" risk policies.
<b><i>Online Exclusive</b></i> Controversial Cybersecurity Bill Passes in House
April 24, 2013
Congress is once again pushing forward on a controversial bill to bolster the nation's cybersecurity, which could end up changing how law firms and their clients respond to online threats. The House passed the Cyber Intelligence Sharing and Protection Act (CISPA) on April 18, sending the legislation to the Senate. The bill would allow 'cybersecurity entities' ' an intentionally broad term that includes law firms and business that they represent ' to share cyber threat information'
Cybersecurity Report Spotlights Risks to U.S. Business from China
February 28, 2013
Mandiant, a Virginia-based cybersecurity firm, gave America a wake-up slap across the face last month by detailing how Chinese military hackers are infiltrating U.S. companies. And on Feb. 20, President Barack Obama's administration responded by announcing a broad plan to fight the cyber theft of trade secrets that included diplomatic pressure to discourage it.
Cybersecurity Legislation Near
December 27, 2012
On Nov. 15, the U.S. Senate declined to approve S. 3414, the Cybersecurity Act of 2012. The proposed legislation would have set voluntary cybersecurity standards for owners of the nation's critical infrastructure, such as gas pipelines, utilities and banks. In the absence of cybersecurity legislation, the Obama administration now is considering taking action through an executive order.
An Analysis of Proposed Federal Cybersecurity Legislation
October 31, 2012
Michael Chertoff, the former head of the U.S. Department of Homeland Security (DHS), recently remarked that "cyber threats represent one of the most seriously disruptive challenges to national security since the onset of the nuclear age 60 years ago."
Cybersecurity Law Firms Needed to Combat Terrorism Threat
October 31, 2012
The next mass terrorism attack may not involve planes, trains or buildings. It very well may involve cyberspace and could be felt by Americans when their lights, computers or smart phones go on the fritz as networks are compromised.
U.S. Cybersecurity's Path from Legislative Debate to Executive Action
August 30, 2012
That some action is needed in the realm of cybersecurity is the one thing beyond debate. Over the last year, supporters of various versions of legislation have emphasized that the nation's critical infrastructure ' including electrical grids, water stations and telecommunications systems ' is a target for cyber-attacks.
Law Firms and Cyber Security
July 30, 2012
Just as those responsible for the Titanic were lulled into a false sense of confidence in the vessel's impenetrability, many law firms today similarly steam along with a false sense of security that the cybercrime lurking in today's electronic channels of commerce does not pose a potentially critical threat. Taking a lesson from history, firms would be well-served by a blunt assessment of the cyber security risks that surround them and whether course corrections could avert a modern-day commercial disaster.
