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Article 07/04/2021
The practicalities of responding to a ransomware attack
Ransomware attacks have become one of the biggest cyber threats to all organisations. In 2020 and 2021 there have been a spate of attacks targeting councils. The consequences can be catastrophic: systems down for days or sometimes weeks, scrambled files, and employees unable to carry out duties.
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Podcast 30/03/2021
Cyber Sounds: Episode 4 - The global nature of cyber attacks with Laetitia Fouquet from Charles Taylor
In this episode we are joined by Laetitia Fouquet, Global Head of Cyber at Charles Taylor. The team discuss the global nature of cyber attacks, developments in marine cyber and its complexities, and play ‘Fine and Finest’.
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Article 23/03/2021
Third party litigation funding
In recent years, we have seen several examples of plaintiffs in a lawsuit before the Danish courts receiving financial support from a third party.
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Article 22/03/2021
Does computer fraud coverage include ransomware payments? The Indiana Supreme Court believes so
For several years now, courts have wrestled with the issue of whether computer fraud coverage under a commercial crime policy covers business email compromise (BEC) attacks. An example; of a BECs is where an insured is emailed new payment instructions purportedly coming from a vendor, when in fact the email comes from a threat actor, thereby tricking the insured into wiring payment to a wrong account.
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Article 19/03/2021
Safety standards for autonomous vehicles should be high to ensure success
We have advised that minimum safety standard for an autonomous vehicle (AV) should be above that of the “average” human driver as to do anything less than this is to risk public confidence in this emergent technology.
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Article 18/03/2021
Professions and Financial Lines Brief March 2021: cyber insights
A roundup of recent global cyber-related developments, including the introduction of mandatory data breach notification requirements in Singapore, the digitisation of insured businesses and resulting risks to insurers, the Bermuda Cyber Underwriting Report, corporate forum shopping for favourable data protection laws and the New York launch of the Cyber Insurance Risk Framework.
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Article 18/03/2021
Professions and Financial Lines Brief March 2021: D&O/regulatory roundup
A summary of recent global regulatory developments, including what to expect from the forthcoming white paper for the reform of UK corporate governance and audit oversight, the Climate Biennial Exploratory Scenario (CBES) stress test to be launched in June 2021 and the Danish corporate governance recommendations introduced on 1 January 2021.
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Article 18/03/2021
Autonomous vehicles update
The way in which people and goods travel is changing rapidly. As a new era of transport continues to unfold, Kennedys is here to keep you up to date on the latest developments and what they mean for you and your business.
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Article 23/02/2021
Potential insurance issues arising from corporate forum shopping for favourable data protection laws
The UK officially left the EU in January 2020 with the implementation period, or transition stage, concluding on 31 December 2020 and the new UK/EU a trade deal finally agreed on 24 December 2020. However, large technology companies such as Facebook and Google did not leave their preparations until the last minute.
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News 18/02/2021
Kennedys strengthens financial lines team in Latin America and Caribbean with key hire