We have noted previously that theft of data is one of the most perplexing problems for financial service companies.
Here is an example of how government agencies can be troubled by the same issue. A hacker in Utah stole the Social Security numbers for more than a quarter million people, and other personal data of a half million people.
Joshua Gold is a shareholder in Anderson Kill's New York office. He has represented numerous corporate and non-profit policyholders in various industries, with recoveries for his clients well in excess of $1.5 billion. Mr. Gold is chair of the Cyber Insurance Recovery Practice Group. He is also co-chair of Anderson Kill's Financial Services Industry Group and a member of the firm's Hospitality Industry Group.