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Cost of Data Breaches Surges Again

Snell & Wilmer – In May 2015, the Ponemon Institute released its tenth annual Cost of Data Breach Study, sponsored by IBM. The study sets forth the average calculated cost for each lost or stolen record containing “sensitive and confidential information” as well as the average total cost paid by organizations victimized by lost or stolen data. […]

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Sullivan & Cromwell Represent Tokio Marine Holdings in Deal

Sullivan & Cromwell LLP represents Tokio Marine Holdings, Inc. (Japan) in its definitive agreement with HCC Insurance Holdings, Inc. (U.S.) under which Tokio Marine will acquire all outstanding shares of HCC for $78.00 in cash per share, through Tokio Marine’s wholly owned subsidiary, Tokio Marine & Nichido Fire Insurance Co., Ltd. (Japan), for a total

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