Financial Services

Client Alert: Lloyd’s sets out new requirements to exclude nation state attacks from cyber insurance policies

August 24, 2022

Introduction On 16 August 2022, Lloyd’s of London, the world’s leading insurance market, issued a Market Bulletin on cyber insurance. The Market Bulletin sets out new requirements for Lloyd’s cyber insurance policies from 31 March 2023 to make it clearer that cyber insurance policies issued by Lloyd’s will not include cover for state-sponsored cyber-attacks. What Read more »

TechLaw10: Eric Sinrod & Jonathan Armstrong on Privacy/Data Protection Enforcement: GDPR vs. CCPA

August 22, 2022

In this edition of TechLaw10 Cordery’s Jonathan Armstrong talks to Professor Eric Sinrod from his home in California. They look at the enforcement of data protection & privacy law in the US and in the EU. The questions they consider include: Is CCPA in California being enforced? What does CCPA require? Does CCPA have extra-territorial Read more »

UK Whistleblowing Update

May 13, 2022

What is this about? A recent attempt to reform the current UK whistleblowing rules appears to have stalled. This article is a brief look at where things are at with whistleblowing in the UK. What’s the current situation? Employment In a nutshell, in the UK workers are protected against retaliatory dismissal or detrimental treatment if Read more »

Life with GDPR – Update on Blackbaud

February 3, 2022

Jonathan Armstrong take on a variety of issues with co-host Tom Fox. In this episode, they consider some of the issues from the Blackbaud data breach enforcement action. Some of considerations include: Does this matter signal a priority in risk shifting by the regulators? Implications for class actions involving customers. Hardening of the insurance market Read more »

Client Alert: Blackbaud Revisited

January 12, 2022

Introduction In July 2020 we looked at one of the biggest ransomware attacks that year involving Blackbaud, one of the world’s largest providers of CRM systems for the higher education, healthcare and not for profit sectors. As litigation rumbles on after the attack in the US and the UK we thought it might be worth Read more »

Client Alert: Ransomware – COVID-19 & Upgrading Your Defences

August 18, 2021

We first published this alert in March 2020 and we have updated it to reflect more recent developments Introduction It’s pretty shameful that in the current crisis we’re seeing ransomware on the rise. It’s even more shameful that organisations involved in fighting the COVID-19 pandemic seem to be especially at risk. In 2019 ransomware targeted healthcare Read more »

EU Whistleblowing Legislation FAQs

May 27, 2021

We first published these FAQs in June 2020 and we have made some changes to reflect more recent developments Introduction In 2019 the EU introduced a new law to enable whistleblowers to report about EU law irregularities – this law also harmonises the minimum level of protection available to whistleblowers across the EU. These new Read more »