The UC Regents allege in a new lawsuit that an insurer is wrongfully denying payment for millions of dollars in losses incurred after cyber attackers obtained access to parts of UCLA Health’s computer network in 2014, ABC7 reports.
The regents filed the lawsuit in Los Angeles Superior Court against Certain Underwriters at Lloyd’s, London, alleging breach of contract and seeking unspecified compensatory damages.
Lloyd’s has not honored its obligations under the cyber insurance policy signed with the regents in July 2014, repeatedly denying coverage for any losses related to the UCLA Health cyber breach based on its reading of a condition in the coverage that is contrary to California rules of policy interpretation, the suit states.
A Lloyd’s representative did not immediately reply to a request for comment. Read more.
