A real estate law firm failed to get a mortgage solution services company to indemnify it for money owed to Deutsche Bank after a hacking attack disrupted a real estate deal, a federal court ruled.
The Buck Law Firm brought a third-party complaint against Altisource Portfolio Solutions Inc. to pay it money owed to Deutsche Bank that was routed to a cybercriminal’s bank account after the hack.
Virginia law doesn’t allow companies to bring negligence claims against organizations that are hit with a data breach based on “a duty to safeguard the private information of another individual,” the U.S. District ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.