Welcome to The Perkins Coie Tech Risk Report, a source for updates on, and analysis and interpretation of, insurance issues relevant to emerging technologies. We will address coverage issues related to cyber coverage, privacy, digital assets like cryptocurrency, Blockchain and other emerging technologies. The blog is written for start-ups and other companies dealing with emerging

Consumer privacy actions continue to be a huge, costly risk for any business handling customer data over the internet. Lawsuits alleging improper collection of consumer data, such as zip codes or contacts, have become commonplace. Is your company at risk? We share several recent settlements and lawsuits highlighting the risks of privacy claims.

Neiman Marcus. In March 2017, retailer Neiman Marcus agreed to a proposed settlement to pay $1.6 million in a consumer class action filed in response to a 2013 data breach that allegedly compromised the credit card data of approximately 350,000 consumers. The class alleged that Neiman Marcus failed to protect consumers’ privacy and further harmed consumers by waiting 28 days to inform them of the breach.
Continue Reading Are You Protected Against Privacy Claims?

In a world where brick-and-mortar businesses are traded in for an online presence, the realm of accessibility challenges is continually evolving. Your company needs to change the way they think about accessibility, including whether your current insurance covers ADA claims. It’s time to start considering questions like: Are your websites and applications compatible with screen readers and other assistive technologies? Are your videos captioned?

Making websites and applications more accessible will be a benefit not only to those with disabilities, but also to other users. For example, cleaning up crowded pages with too much content makes it easier for screen-reading technology to adequately convey information and also generally improves readability for everyone.    
Continue Reading Websites and Applications: A New Platform for ADA Claims