Two recent court decisions reinforce the notion that when policies refer to coverage for losses that are directly related to a particular cyber event, it means losses where the proximate cause is the cyber event. Companies with cyber coverage may want to consider action to enforce coverage provisions.
Managing private markets risk for US banks
The Bank of England’s (BoE’s) second System-Wide Exploratory Scenario (SWES) tests how stress in private equity (PE) and private credit (PC) could transmit...