Meridian Security Insurance Co. was responsible for paying $35,000 in prejudgment interest, starting from the date of each attorney invoice, a court ruled.
The French regulation has been enacted in the context of the French government decision to fight against the resurgence of cyberattacks, together with ransom demands.
A court can award actual damages of at least $1,000 for each violation, punitive damages for reckless or willful disregard of the law, and attorney fees and litigation costs.