Lee Enterprises Files Cyber Insurance Claim to Cover “Significant Impact” Of Hack

Posted on By Mark Sauter No Comments on Lee Enterprises Files Cyber Insurance Claim to Cover “Significant Impact” Of Hack

A publisher of newspaper and digital news covering 72 markets in 25 states across the U.S., Lee Enterprises (NASDAQ: LEE) experienced a “cyber security incident” in February that had a…

Read More “Lee Enterprises Files Cyber Insurance Claim to Cover “Significant Impact” Of Hack” »

8-K, Cyber Insurance, Cyber Insurance Claims, Cyber Insurance Settlements

Cyber Insurance Settlements Received by Major Auto Dealers After Hack Last Year – Update

Posted on By Mark Sauter No Comments on Cyber Insurance Settlements Received by Major Auto Dealers After Hack Last Year – Update

We recently told you how a cyber insurance settlement of $30 million boosted Q1-2025 results for Sonic Automative, which was hit by the ransomware attack last year on CDK Global,…

Read More “Cyber Insurance Settlements Received by Major Auto Dealers After Hack Last Year – Update” »

Cyber Insurance, Cyber Insurance Best Practices, Cyber Insurance Claims, Cyber Insurance Settlements

Cyber Insurance Settlement Boosts Financial Results of Major Auto Dealer

Posted on By Mark Sauter

Sonic Automotive Inc., one of America’s largest car dealers, recently reported that its Q1-2025 net income reached $70.6 million, “up 68% year-over-year.” But that increase “includes the effect of a $30.0…

Read More “Cyber Insurance Settlement Boosts Financial Results of Major Auto Dealer” »

Cyber Insurance, Cyber Insurance Carriers & Brokers, Cyber Insurance Claims, Cyber Insurance Litigation, Cyber Insurance Settlements