Menu

11th Circ. Adds to Chorus Addressing Cyber Insurance

Cybersecurity and Privacy   |   May 16, 2018

Carlton Fields Shareholders Robert MacAneney and John Pitblado authored a Law360article detailing the impact of an Eleventh Circuit decision related to computer fraud insurance coverage. The case involved a prepaid debit card company that suffered an $11.4 million loss when users exploited a coding error in the company’s interactive voice response system. The court ruled the company’s computer fraud insurance did not cover the loss because the fraud was conducted via telephone, which is not a “computer” under the policy.

“Both insurers and insureds alike must recognize the need to laser focus on the precise terms employed in these policies to determine the scope of coverage,” MacAneney and Pitblado wrote.

READ: Law360, “11th Circ. Adds to Chorus Addressing Cyber Insurance” (subscription required for full access)

Subscribe to Publications

Media Inquiries

Kate Barth

Kate Barth

Senior Public Relations Manager

813.229.4154

Disclaimer

The information on this website is presented as a service for our clients and Internet users and is not intended to be legal advice, nor should you consider it as such. Although we welcome your inquiries, please keep in mind that merely contacting us will not establish an attorney-client relationship between us. Consequently, you should not convey any confidential information to us until a formal attorney-client relationship has been established. Please remember that electronic correspondence on the internet is not secure and that you should not include sensitive or confidential information in messages. With that in mind, we look forward to hearing from you.