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In July, the U.S. Court of Appeals for the Sixth Circuit (courthouse pictured above) overturned a lower court ruling that exempted phishing scam losses from coverage. 

With its July 2017 ruling in Medidata Solutions v. Federal Insurance, the U.S. District Court for the Southern District of New York became the first federal court to rule that losses due to phishing scams were covered under a cyber insurance computer fraud policy.

Related: Evolving cyberinsurance coverage for phishing attacks

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