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Daily Dashboard | Following Breach, Report Shows Home Depot Has $105 Million in Coverage Related reading: Notes from the IAPP, Oct. 22, 2021




Following news of a data breach last week, Business Insurance reports Home Depot has a total of $105 million in cyber coverage. American International Group provides $10 million of primary coverage, followed by Zurich Insurance Group providing $20 million and Liberty Mutual Insurance providing $15 million, among others. A Law360 article says Home Depot is likely to point to the Supreme Court’s Clapper ruling to fend off class-actions, but attorneys say plaintiffs are “quickly learning that they can bypass the defendant-friendly 2013 decision by proving that their data has been misused or that they relied on false security pledges.”
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