The Black Basta ransomware group has become a significant concern, prompting the issuance of a joint Cybersecurity Advisory. Join Steve Shappell and David Finz, Alliant Claims & Legal, as they discuss the escalating concern surrounding the Black Basta ransomware syndicate and its implications for cyber risk management. Originating from Russia, this group has been targeting healthcare and critical infrastructure sectors, prompting a joint cybersecurity advisory from several U.S. agencies. The advisory provides technical details and mitigation strategies to help organizations protect their data and networks. They also explore the importance of precise policy language in D&O insurance, especially in cases involving bankruptcy and prior acts, emphasizing the need for meticulous scrutiny to ensure comprehensive coverage.