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The First Step in Fighting and Managing Cybercrime is to Assess Your Company’s Technology

By Insights, Insurance Claims, Risk Advisory, SOC Reporting, Technology Services

Cybercrime is a fast-growing threat to U.S. companies, with data breaches, phishing scams, ransomware and malware all now part of the corporate security vernacular. The COVID-19 pandemic has only made matters worse, causing more security threats now that more people are working from home on less secure networks. Security is not just an IT concern; it is an organization-wide risk with far reaching implications that also affects the operational and financial aspects of companies as a whole. 

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Number of COVID-19 Business Interruption Lawsuits Spikes, Insurers Racking Up Early Wins

By Advisory, Commercial Disputes, Insights, Insurance, Insurance Claims

Countless businesses across the country have been forced to close their doors as COVID-19 continues to spread. As business owners seek to recover losses suffered due to shelter-in-place orders, many business interruption insurance claims are being denied under the assumption that closed businesses have not experienced a “direct physical loss of, or damage to, property.” In turn, business owners are taking insurers to court.

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