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Agreement and force the insurer to reimburse the loss

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Reference no: EM132164190

An insured had a cyber breach and was the victim of a class-action lawsuit. The company had a cyber risk policy that precluded coverage for "failure to follow minimum required practices." Those practices were not specified. During the trial the insurer learned that the company had not regularly checked and maintained security patches on its system. The insurer declared the policy to be void. Will a court uphold the agreement and force the insurer to reimburse the loss?

Reference no: EM132164190

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