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Previously, the court found that Target could not demonstrate loss of use.
Modern email scams are harder to spot, are more targeted and appear authentic to the untrained eye.
A recent report from TransUnion explores global digital fraud trends across a number of industries.
While acts of war are typically excluded from coverage, assigning culpability for a cyberattack remains a Herculean task.
The 'low-tech' cybercrime saw big increases in losses and frequency among operations with less than $25M in annual revenue.
However, insurance and financial services continue to be among the most attacked industries.
The average D&O lawsuit costs over $120,000, Coalition, Inc. reports.
Get six tips for reducing cyberthreats as risks in the sector continue to grow.
Coverage was initially denied because the plaintiff never "held" the funds.
Part two: Discover how digital currencies are fueling the ransomware crisis.
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