Credit: MaksymFilipchuk/Adobe Stock Brave New World of Cyber Insurance Meets Old-World Contract Principles
Although the Appellate Division developed new policy to address a major business problem, it was resolved by employing well-recognized principles of insurance coverage law.
July 16, 2023 at 10:00 AM
3 minute read
Cybersecurity insurance is a new insurance industry product that reflects the havoc wreaked by hacks, data breaches and phishing attempts, which have become bolder because cybersecurity extorting businesses has proved lucrative. The first reported appellate decision was recently approved for publication. It is a thoughtful, well-written and comprehensive opinion of Judge Heidi Willis Currier.
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