Analysis

Ohio Ransomware Ruling Heightens 'Silent Cyber' Worries

By Daphne Zhang (November 29, 2021, 9:05 PM EST) -- An Ohio appeals court's recent split ruling in a ransomware case shocked insurance attorneys, with some saying the decision contradicts hundreds of recent COVID-19 coverage decisions and could pin so-called silent cyberinsurance risks on unsuspecting insurers.

Insurance attorneys said an Ohio appeals court's split ruling was a slap in the face after hundreds of recent rulings in COVID-19 insurance coverage disputes came to the opposite conclusion on property damage. (AP Photo/David Zalubowski) In the ruling, a three-judge panel of Ohio's Second Appellate District found that a company that lost access to its system after hackers held it for ransom had potentially experienced...

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