Chicago Partner Iga W. Todd authored an article entitled "Automatic Lending: Speed Sacrifices Security," published in The Brief by the American Bar Association ("ABA") in its Winter 2023 issue and featured on the ABA website on June 14, 2023.
This article explores and discusses how financial institutions are applying predictive analytics to the lending process, how cybercriminals manipulate such systems, and the unique coverage issues presented by automated lending claims.
Ms. Todd’s practice focuses on insurance coverage and cyber security. She represents domestic and international insurers in claims under fidelity and financial institution bonds, commercial crime policies, computer crime policies, cyber security policies, data breach policies, and professional liability policies. Ms. Todd frequently counsels insurers on coverage issues relating to employee dishonesty and theft, forgery, cybercrime, cyber security, data breaches, and loan losses.
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