Source code loss: insurance exclusions did not apply

A UK company that lost critical source code after it had the misfortune to be hit by both a computer virus and a burglary can recover its losses after an Appeals Court ruled that exclusions in the firm's insurance policy did not apply.

The ruling of 21st July overturns a High Court decision in favour of the insurer last year.

Tektrol Limited provides energy-saving control devices for industrial motors. These devices rely on software, and Tektrol had taken precautions to protect the source... (618 more words)

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