We have an excellent reputation for dealing with all manner of insurance matters in relation to the fast-growing area of cybersecurity. We provide advice and act on behalf of both insurers and insureds in this field concerning losses resulting from business interruption, extortion, theft, issues regarding digital assets and third-party claims.
Our barristers are well-versed in providing policy coverage advice in relation to exposure under technology policies, including the scope of cyber cover (and silent cyber cover). We have a proven track record in acting on claims of all sizes and levels of complexity regarding cyber-attacks, security breaches and data disasters. We act on behalf of insurers, IT professionals, public bodies and a wide range of commercial organisations in this regard and across borders, frequently drawing on our market leading reputation in the area of private international law.
There are naturally links to our other areas of specialist insurance expertise and we often call on this when cases require. We find our knowledge of business interruption insurance and other management liability cover such as directors’ and officers’ liability and employers’ liability is especially relevant, particularly since COVID-19 and the effects of home working. Our professional negligence team is experienced at dealing with claims for and against IT professionals in relation to allegedly defective software development or maintenance in situations of cybersecurity breach in corporate entities.
There is considerable overlap with our other areas of specialism at 2TG. For example, we are frequently asked to act for insurers and insureds urgently in investigations into worldwide fraud and asset recovery, tracing and preservation as a result of external or internal cybercrime and the improper diversion of funds to third parties. In addition, our commercial team is experienced in dealing with civil claims arising in cybersecurity litigation against commercial organisations as a result of data breach, including for example derivative actions against directors or other officers of such organisations.
Our specialists in employment and business protection can advise in relation to contracts of employment to help reduce and manage the IT risks to businesses. We also frequently deal with breach of contract, breach of confidence and misuse of confidential information in relation to cybersecurity.