Maryland Court Finds Coverage for Lost Data and Slow Computers After Ransomware Attack
Seen on Hunton Andrews Kurth’s blog,
As previously posted on our Hunton Insurance Recovery blog, a Maryland federal court awarded summary judgment to policyholder National Ink in National Ink and Stitch, LLC v. State Auto Property and Casualty Insurance Company, finding coverage for a cyber attack under a non-cyber insurance policy after the insured’s server and networked computer system were damaged as a result of a ransomware attack. This is significant because it demonstrates that insureds can obtain insurance coverage for cyber attacks even if they do not have a specific cyber insurance policy.
Read more on Privacy & Information Security Law Blog.