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Insurer Must Pay for $4.8M Fraudulent Wire Transfer Hack

July 24, 2017

Plaintiff, Medidata Solutions, filed a 2015 lawsuit against Federal Insurance Company for coverage of a $4.8M fraudulent wire transfer (Cause No. 1:15-cv-00907 S.D.N.Y). According to the facts of the case, Medidata notified its finance department of a potential acquisition that could require urgent assistance in the summer of 2014. With knowledge of this transaction, the cyber thief used common social engineering tactics to consummate the fraud. He spoofed the e-mail address of Medidata’s president in numerous requests and impersonated an attorney over the phone to dupe an accounting employee to complete the fraudulent wire. Medidata held a $5M insurance policy with Federal that contained a “Crime Coverage […]

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John McAfee and Intel Settle Trademark Lawsuit Over “McAfee”

July 6, 2017

Antivirus software pioneer John McAfee agreed not to use his name in connection with cybersecurity products or services in order to settle a lawsuit against Intel Corporation, which purchased McAfee Associates in 2011 for $7.7 billion. McAfee and MGT Capital Investments, Inc., where McAfee serves as CEO, filed the suit last year seeking a declaration that the renaming of MGT Capital Investments to “John McAfee Global Technologies, Inc.” or the use of his name in connection with the company would not infringe any Intel trademarks. According to the complaint, McAfee resigned from the company he founded in 1994 and sold his remaining shares in the company in […]

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Anthem Paid How Much? $115M for 2015 Data Breach

June 26, 2017

If cybersecurity is not currently at the top of your company’s to-do list, then it should be. Anthem Inc., the nation’s second largest health insurer, agreed to a $115M settlement package to end litigation surrounding a 2015 data breach that affected nearly 80 million people. According to the deal, Anthem will (1) provide two years of credit monitoring, in addition to the two years that were previously offered after the breach in 2015, (2) cover out-of-pocket expenses, (3) compensate customers that already purchased credit monitoring products, and (4) make improvements to its data security systems. And the lawyers representing the class will cash in on $38M in […]

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Cybersecurity and Data Privacy

June 12, 2017

RegitzMauck provides legal counsel on data security and privacy issues and disputes. RegitzMauck attorneys are Certified Information Privacy Professionals (CIPP/US).

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Dustin Mauck Named to the 2017 Texas Rising Stars List for Third Consecutive Year

March 7, 2017

For the third consecutive year, Dustin Mauck of RegitzMauck PLLC has been selected to the Texas Rising Stars list in the practice area of Intellectual Property Litigation. Dustin focuses his practice on intellectual property matters with an emphasis on intellectual property litigation and prosecution. He has experience in enforcing and obtaining patents in a variety of technologies, including electronic, computer, network security, biomedical, and mechanical arts, and has represented clients in trademark, trade secret, and copyright matters. Dustin also focuses his practice on cybersecurity and data privacy matters. Each year, no more than 2.5 percent of the lawyers in the state are selected by the research team […]

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