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
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