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Analysis

Contractors May Be Missing Cyberrisks With Insurance Plans

Law360 (May 24, 2018, 12:07 PM EDT) -- The construction industry has long had to worry about insuring the physical and natural disasters that can derail multimillion-dollar projects, but this coverage likely won't be broad enough to reach cyberthreats that could be just as damaging to the ebb and flow of their work, attorneys say.

During the past decade, increasingly sophisticated hackers — either working on their own or as part of organized groups or on behalf of nation states — have targeted personal and business data held by companies like Target Corp., Sony Corp., Equifax Inc. and Yahoo Inc. While the construction industry has yet to be at...

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