Hinshaw Insurance Law TV – Cybersecurity Third and Final Part: Ransomware
Press Release | less than 1 min read
Oct 13, 2022
In the third and final episode of our three-part series on cybersecurity, we discuss ransomware and the legal issues surrounding paying a ransom. In this episode, we cover:
- how companies have become better prepared,
- multifactor authentication,
- the OFAC list and the legal issues of paying a ransom,
- what to do if you cannot pay a ransom,
- what happens if you must pay a ransom, and
- how companies can mitigate risk of legal liability in ransomware incidents
Hinshaw & Culbertson LLP is a U.S.-based law firm with offices nationwide. The firm's national reputation spans the insurance industry, the financial services sector, professional services, and other highly regulated industries. Hinshaw provides holistic legal solutions—from litigation and dispute resolution, and business advisory and transactional services, to regulatory compliance—for clients of all sizes. Visit www.hinshawlaw.com for more information and follow @Hinshaw on LinkedIn and X.