Morrison Mahoney Partner Dan Marvin was recently quoted in a cybersecurity article for Business Insurance titled, “Ransomware case’s impact could be far-reaching.”
The article details a recent U.S. District Court ruling in Maryland that an insurer must reimburse a screen-printing business for “physical loss” under its Business Owner’s policy for costs incurred in a ransomware attack. The court ruled that coverage applied despite that the firm’s computer system still functioned because the function was impaired. Dan discusses how policy language will likely change to prevent these types of disputes from arising, and the impact that this decision may have.
To read the full article, please click here.