“You have been hacked.” Four words that strike fear across the vast spectrum of industries all over the world. Four words that have changed the course of global technology. Four words that have revolutionized the insurance industry. Four words that have sleep deprived countless boardrooms and C-suites.
When an institution is hacked, outsiders access valuable confidential information, causing devastating damage to the institution and its constituency. A data breach creates fear, mistrust, and loss of revenue. It can generate litigation on several fronts.
KRCL represents and advises businesses on a host of issues involving cyber security. Our attorneys work with corporate management to aggressively and proactively establish an early response team and protocol. We help anticipate and thwart data breaches when possible, and can also manage breaches when unavoidable. We help businesses and their insurance brokers to evaluate coverage options and make the prudent product choice for the business. We educate our clients and prospective clients on ever-changing data security regulations affecting businesses both in the U.S. and abroad.
For our financial services clients, we advise on the regulatory landscape, the relative risks, and the critical decisions that will maximize coverage options should a breach occur.
For our insurance clients, we evaluate policy coverage and prepare coverage opinions to help the client make critical coverage decisions.
Finally, we represent all types of businesses in the litigation which often flows from a breach incident, in state and federal courts, or through arbitration or other dispute resolution procedures.
With a robust understanding of the breadth of issues springing from this growing arena, we provide comprehensive services to:
- Banks and financial institutions
- Insurance companies
- Energy companies
- Retailers
- Manufacturing enterprises
- Brokerage houses
- Investment managers
