T-Mobile US Inc.’s recent cyber insurance victory in Washington state
court helps clear the way for organizations to use third-party data
breach settlement payments to satisfy skyrocketing cyber insurance
deductibles.

The Nov. 28 Washington appeals court ruling held that the telecom giant satisfied a $10 million deductible under a cyber policy with a Zurich
American Insurance unit with funds it received from a vendor involved in
a 2015 data breach. The court rejected Zurich’s argument that a
policyholder can’t use a third-party payment as a deductible and found
that the insurer must cover T-Mobile’s losses stemming from the breach.

https://news.bloomberglaw.com/insurance/t-mobile-data-breach-win-paves-path-for-cyber-insurance-disputes

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