9/2/2025 5:42:04 PM Billions at Stake: The Growing Financial Impact of Operational Technology Cyber Risk By Emily McMahan Laura-May Scott The 2025 Operational Technology Security Financial Risk Report issued this month by Dragos in collaboration with Marsh McLennan provides...
7/1/2025 3:36:19 PM Navigating cyber risk By Eleanor Ruiz Reed Smith recently attended the Airmic Annual Conference 2025 in Liverpool as a Marketplace Partner and, in the wake of a series of...
5/22/2025 4:02:24 PM A recent bankruptcy case demonstrates the increasing risks- and expectations- around cyber incidents By Russell Squire Andy Moss Cyber incidents can pose a threat to any business. A recent bankruptcy case, In re Jerico Pictures, Inc., d/b/a National Public Data...
12/2/2024 5:00:35 PM Insurers Explore New AI Coverage Options, Potentially Filling Coverage Gaps for Policyholders Developing Generative AI By Cristina Shea Stephanie Gee Elizabeth Taylor Today, generative AI (“Gen AI”) is one of the world’s fastest growing technologies, with businesses around the globe developing, adopting...
9/3/2024 2:31:02 PM Recovering from the CrowdStrike outage By Cristina Shea David Ledet Andrew Kintner This article provides an update to a post published on July 23, 2024 by Mark Pring, Andy Moss, and Cristina Shea, which can be found...
7/23/2024 8:41:16 PM Recovering financial losses caused by the CrowdStrike outage By Mark Pring Andy Moss Cristina Shea In what is described as the largest cyber loss event in years, on Friday, July 19, 2024, customers of CrowdStrike and many others...
8/31/2023 11:20:39 PM Insurance coverage implications of SEC’s cybersecurity disclosure rules By Andy Moss David Cummings Andrew Barrios Lauren Gubricky +1 more... Show less The U.S. Securities and Exchange Commission (“SEC”) implemented rules governing registrants’ disclosure requirements pertaining to...
6/8/2023 9:33:47 PM Cyber insurance claims: Minimize risk, maximize recovery By Andy Moss Sally Kane Cybercrime, including ransomware, is one of the top challenges facing organizations today. Businesses across the globe are suffering...
3/30/2023 10:13:33 PM Key questions corporate tech, legal, and security officers need to ask when considering cyber coverage By Russell Squire Cyber incidents and attacks, whereby hackers target companies for ransom, to obtain sensitive information, or for other reasons, are a...
9/7/2022 6:04:53 PM A tightening cyber insurance market: War exclusions in the wake of Merck v. Ace By David Cummings Andrew Barrios Andy Moss As cyber risks continue to grow and evolve, the cyber insurance market is increasingly likely to take steps to limit its risk profile,...
6/10/2022 1:26:30 AM Can property or specie insurance provide coverage for crypto losses? By Jessica Gopiao Christopher Kuleba How cryptocurrencies are viewed by courts can be determinative when seeking coverage for a cryptocurrency-related loss, and whether...
5/23/2022 8:36:51 PM War exclusion: changing battlefields and coverage implications By Stephanie Gee Cristina Shea In early February of this year, we wrote about a New Jersey court’s recent decision in Merck & Co., Inc. et al. v. Ace American Ins. Co....
3/2/2022 1:30:57 PM Responding to a cyber-related business interruption: best practices By Brian Himmel Andy Moss One of the top issues facing business today is the risk of business interruption resulting from a cyber-related attack. Regardless of the...
2/24/2022 8:50:02 PM The duty to defend requires an early judgment By Benjamin Fliegel If an insurance company owes a duty to defend, the dispute should be decided promptly, on the pleadings. Any delay undermines the duty to...
2/11/2022 9:55:47 PM Lessons from Merck v. Ace: A cyberattack does not amount to an ‘act of war’ By David Cummings Andy Moss Cyberattacks continue to grow in sophistication and frequency, with attackers targeting businesses of all industries and sizes with...
12/29/2021 4:56:30 PM Year in review: Reed Smith’s Insurance Recovery team highlights top insurance topics of 2021 By Jalen Brown Ashley Jordan At Reed Smith, we pride ourselves on forming true partnerships with our clients to find creative and unexpected solutions to the most...