Delaware Supreme Court lets insurers pursue contract claims against Blackbaud over ransomware breach
The Delaware Supreme Court reversed lower‑court dismissals, permitting insurers to bring breach‑of‑contract actions against Blackbaud for its 2020 ransomware incident. Blackbaud had previously paid a $3 million SEC fine and $49 million to state attorneys general for misleading breach disclosures.
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The Bank of Canada ordered fintech XTM and its affiliates to stop all retail payment activities after customers of its Everyday Payments subsidiary reported missing funds. Simultaneously, the Canadian Investment Regulatory Organization halted trading of XTM’s PAID stock, causing the...
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The Delaware Supreme Court reversed a lower‑court dismissal and revived insurers’ claims against Blackbaud for costs incurred after the 2020 ransomware breach. The insurers, who paid more than $2 million for forensic, legal, and credit‑monitoring services, met the state’s notice‑pleading standard...

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