Cyber and Criminal Attacks

We advise companies on the legal, financial and organizational management of internal and external attacks.

How we support you

Ransomware attacks, stolen data and trade secrets, extortion – companies today face a variety of threats from criminal attackers. The consequences can include financially existential business interruptions, ransom payments, and third-party liability claims.

We support you from the onset of the crisis with all legal and strategic questions:

During the crisis:

  • Clarification of the facts
  • Handling extortion/ransom negotiations after ransomware attacks
  • Communication with insurers, IT service providers, and law enforcement authorities
  • Fulfillment of insurance obligations (e.g., damage mitigation, preservation of recourse)
  • Advising on liability risks and obligations to third parties (e.g., official notification obligations)

In crisis management:

  • Taking legal action against perpetrators
  • Evaluating and asserting insurance claims from cyber insurance and fidelity insurance
  • Litigation to enforce insurance and liability claims
  • Optimizing of compliance systems

Protection:

  • Advice on purchasing cyber insurance and fidelity insurance
  • Analysis of internal structures and identification of risk areas
  • Advising decision-makers on compliance issues
What we achieve for you

The goal is always a quick return to normal business operations and the avoidance of costly mistakes in crisis management, as well as the most comprehensive compensation for financial losses:

  • enforcing liability claims against perpetrators/third parties
  •  enforcing insurance claims under cyber and fidelity insurance policies as well as other business insurance if applicable
  • successful defence against potential third-party claims

"The team is always accessible, friendly and timely."

Client quote, Chambers Europe Guide

Case closed:
Invoice fraud by employees

The fraud

Two of our client's employees falsified invoices and circumvented internal compliance mechanisms in order to be able to authorize themselves to make payments. Using external assistants, the criminals were able to embezzle several hundred thousand euros and transfer them to their own accounts.

Clearing up

Together with the support of our team and the investigating authorities, the company was able to clarify the facts of the case and initiate criminal proceedings against the perpetrators. In order to secure recourse, we filed claims for damages against all the perpetrators.

The compensation

We also represented the company in parallel in communications with the fidelity insurer. The scope of the claims eligible for reimbursement under the fidelity insurance policy was initially disputed. Ultimately, however, we were able to achieve a very satisfactory result for our client - without having to conduct a court case on the question of cover - so that almost the entire loss could be compensated.