Cyber Incidents Accelerate Arms Race Over Broader Coverage

The wave of high-profile cybersecurity attacks, data breaches, and system disruptions in 2024 has highlighted the growing need for policyholders to explore additional coverage options beyond traditional cyberinsurance. Sheri Pastor, chair of our Insurance Recovery, Litigation & Counseling group, recently discussed with Law360 about the evolving landscape of cyberinsurance and how insurers are increasingly using sublimits instead of broad exclusions to handle catastrophic losses