According to a report recently released by IBM Security, there has been a decreased of more than 50% in the number of cyber-attacks between 2012-2014. However in 2014, retailers still suffered the theft of more than 61 million customer records. Additionally, not surprisingly, retailers ...
On February 4, 2015, Anthem Inc., the second largest health insurer in America revealed that hackers broke into the company’s servers and stole social security numbers and other personal information. This is a massive data breach with the potential to expose the information of nearly 80 ...
In December 2013, Target Corporation, the Minnesota-headquartered retailer that is one of the nation’s largest retail chains, announced that over a period of more than three weeks during the busy Christmas holiday shopping season, computer hackers had stolen credit- and debit-card ...
In Zurich American Insurance Co. v. Sony Corp., the New York State Appellate Division is primed to issue one of its first decisions regarding the availability of insurance coverage under a comprehensive general liability (“CGL”) policy for losses due to a data breach.
In Zurich American ...
On January 12, 2015, President Obama introduced the Personal Data Notification & Protection Act to preempt state data breach notification laws. Presently, some 47 states have enacted data breach notification statutes which call upon firms whose data has been hacked or breached to give ...