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Thank you for posting, Brian D. McCarthy. An interesting case highlighted by Hunton Andrews Kurth LLP.
How frequently do these types of lawsuits get filed? In this case, Ace American Insurance Company filed a subrogation lawsuit against two technology and cybersecurity providers, following a cybersecurity incident suffered by an insured policyholder that had engaged the providers.
The case highlights an increasing trend among insurers to focus on the service providers of the insured, who provide the products and services used to secure the insured from cyber attacks.
insurers are increasingly examining whether outsourced cybersecurity providers may have breached their contractual obligations or failed to deliver adequate protection, leading to the loss.
@Thaddeus Dziekanowski Faisal Khan
Veritas GRC
#cybersecurity #cyberinsurance
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