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Cybersecurity

Business Email Compromise: Who Bears the Loss?

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In a recent blog post discussing business email compromise (“BEC”) schemes, we shared tips for preventing and responding to these incidents in remote work environments. This week, Bloomberg Law has posted Part Two of our series on BECs, which relates to the allocation of losses that often result from successful BEC attacks.

In this installment, we discuss an emerging legal standard that courts are employing to determine liability among parties who have experienced BEC fraud. To read the article and learn more about who may be required to bear losses stemming from a BEC incident click here.

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Author

Jeremy Feigelson is a Debevoise litigation partner, Co-Chair of the firm’s Data Strategy & Security practice, and a member of the firm’s Intellectual Property and Media Group. He frequently represents clients in litigations and government investigations that involve the Internet and new technologies. His practice includes litigation and counseling on cybersecurity, data privacy, trademark, right of publicity, false advertising, copyright, and defamation matters. He can be reached at jfeigelson@debevoise.com.

Author

Taryn Elliott is an associate in Debevoise's Litigation Department. She can be reached at taelliot@debevoise.com.

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