Landscape of Standalone Cybersecurity Policies Has Changed Due to Increased Risk and Scrutiny
February 01, 2022
Because the market is rapidly changing, policyholders should not expect that they'll be offered the same coverage at renewal. Policyholders should start their renewal process earlier going into this year's renewal so they have time to analyze new pricing, as well as new endorsements that may limit coverage and consider alternative forms, insurers, and policies to maximize coverage.
Inside Cryptocurrency Pump-and-Dump Schemes
February 01, 2022
Since the inception of cryptocurrency as a widely traded asset, there has been increasing opportunity to make money through market manipulation, specifically through classic pump-and-dump and related fraudulent schemes, and more specifically CPDs.
Legal Tech: Effective Preservation Measures In Litigation Readiness
February 01, 2022
Basic ESI preservation steps, including litigation holds, relevant source checklists, and follow up steps with custodians may not be enough in some instances. Given the frequency of data loss from custodial and non-custodial sources, companies should also consider incorporating remediation strategies into their approach to preservation to better ensure defensibility.
Insurance Fraud Remains Key Area of Government Focus
February 01, 2022
During the past year, there were important government reports examining the defrauding of health insurance programs, new trends and government initiatives relating to fraud, and insurance fraud cases involving significant numbers of defendants. When added together, it is not difficult to understand why insurance fraud remains such a key area of focus for government officials, carriers and attorneys.
Predicting What 2022 Holds for Cybersecurity
January 01, 2022
Predictions aside, complacency is not an option if you plan to survive and thrive in 2022. Rest assured, the future of cybersecurity is bright, but it will come with its own set of challenges. We look forward into the future because the sooner we can start adapting strategy, policies, and technologies, the better off everyone will be in the long run.
Biometric Privacy: A Year In Review (2021) and The Year Ahead (2022)
January 01, 2022
The year started with Portland, Oregon's ban on the use of facial recognition technology by private entities in places of "public" accommodation. It concluded with the rendering of important appellate decisions on the Illinois Biometric Information Privacy Act. In the middle, was the continued flurry of litigation, class action settlements, and legislative activity.
'Never Trust, Always Verify': Zero Trust Security
January 01, 2022
Recognizing the ever-increasing cyber threats to businesses, government entities, and individuals, the White House announced that Federal Civilian Executive Branch agencies must migrate toward Zero Trust Cybersecurity Architecture by September 2024. Under Zero Trust, trust is the ultimate vulnerability of any system and, therefore, trust has to be eliminated from a business' cybersecurity approach.