Cyberinsurance: Federal Court Interprets Banking Fraud Policy

It’s like déjá vu all over again. A company purchased cyberinsurance and paid premiums for years. They had a cybersecurity incident, filed a claim and—guess what? The insurance company refused to pay. On January 26, 2022, the federal circuit court in California considered the case of Los Angeles-based property management company Ernst and Haas, which..

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