Cyber Insurance Sunday – Upload
Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: CrowdStrike – we gathered a collection of insurance-focused stories for you to consider;…
MGM Shares Up Almost 5% On News Cyber Insurance Will Cover Hacker Attack
MGM Resorts International’s stock saw a 4.86% increase, closing at $36.48 on Friday. The move was buoyed by news that the company possesses ample cyber insurance to mitigate losses from…
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MGM Resorts Hack Covered By Cyber Insurance – WSJ
Amid the Wall Street Journal exclusive report on the MGM hack, an intriguing detail emerges. MGM has affirmed that it is poised to mitigate the financial impact of the cyberattack…
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MGM Has $200M Cyber Insurance Policy – Report
In a widely reported research note on MGM Resorts International (NYSE: MGM), JMP Securities analyst Jordan Bender wrote that he believes the company has a $200 million cyber insurance policy…
A Tale of Two Disclosures: SEC Cyber Filings from MGM and Caesars After Their Recent Hacks
We’ve written extensively about the SEC regulations requiring public companies to disclose material cyber events (see full regs and legal analysis of it here.) Analysis of the legal and business…