Yoshida Foods International, LLC v. Federal Insurance Company
Case Number:
3:21-cv-01455
Court:
Nature of Suit:
Judge:
Firms
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December 07, 2022
Insurer Must Pay More Than $100K In Ransomware Attack Suit
A teriyaki sauce and soda company that suffered a ransomware attack will be able to seek insurance compensation for money its founder paid in cryptocurrency to acquire decryption keys from hackers to restore his company's data, an Oregon federal judge has ruled.
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August 04, 2022
Insurer Must Cover Crypto Ransomware Payment, Co. Says
A food manufacturer that suffered a ransomware attack and then reimbursed an employee who used his own cryptocurrency to pay the ransom should have coverage under a crime policy, the company told an Oregon federal court, arguing its insurer swapped coverage theories in the middle of litigation.
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July 13, 2022
Employee's Ransomware Payment Not Covered, Insurer Says
A food manufacturer that experienced a ransomware attack and reimbursed its employee, who purchased the decryption key using his personal cryptocurrency, can't get coverage under its crime policy because the reimbursement was not a direct loss, the manufacturer's insurer told an Oregon federal court.