The global IT outage on 19 July has severely impacted businesses across multiple sectors, with substantial and ongoing financial repercussions. While the media has reported the role of CrowdStrike's update to the endpoint protection software, Falcon, and its effect on Microsoft Windows operating systems, the implications for each business are likely to emerge from a unique combination of contractual agreements, cybersecurity measures, and technical frameworks.
Complex queries regarding IT systems and practices will require detailed examination, particularly in relation to endpoint detection, threat intelligence, and incident response strategies. Measures need to be taken to quantify, calibrate and mitigate damages, along with developing robust incident response plans. In such scenarios where a cybersecurity breach has occurred, expert legal advice is indispensable.
Taylor Wessing is a global leader in all facets of IT law, both advisory and litigation services, and adept at handling incidents involving sophisticated IT failures and cyberattacks. We represent the world's premier IT corporations and have an extensive understanding of the digital landscape, including cloud computing environments and multi-cloud operations.
Our team has been proactively engaged since the outset of these events, advising entities in retail, aviation, and the financial sectors on potential claims for financial compensation they may have due to this significant cyber event. SOAR represents our bespoke approach to identifying the appropriate redress for corporates that have been affected. This includes considering the scope of any insurance cover which might be available and giving proactive advice around presentation of insurance claims.
Our connections with global litigation funders equipped with access to billions in deployable capital position us uniquely to support businesses that have been impacted by such major incidents, potentially at no upfront cost.
Those affected will rightly be prioritising quantifying and mitigating the scale of their losses. SOAR will enable you to move forward with the necessary legal rights and ability to seek redress.
If your business has been affected, and you wish to explore the ability to bring a claim for redress at no upfront financial cost, we're ready to help - please contact us below.
Our market-leading global IT expertise draws together lawyers from a variety of practice areas and jurisdictions, so we can provide you with a thoroughly integrated service. Our approach and experience also means it is unlikely there is a situation we have not previously come across. We are renowned for advising on the IT sector's most challenging and complex mandates, and are the go-to for global and domestic corporates in this sector.
Our sector expertise coupled with the calibre of our technology lawyers who understand the market, enables us to anticipate and address common issues in advance, thus driving quality of advice and efficiency.
When a dispute arises, we have experienced lawyers with significant expertise in conducting multi-jurisdictional litigation and arbitration. We advise on alternative possible jurisdictions to resolve disputes and consider issues of conflict of laws, jurisdiction and enforcement.
If your business has been affected, and you wish to explore the ability to bring a claim for redress at no financial cost, please contact us.
Global computer standstill raises many legal questions
by multiple authors