
One Ransomware Event. +5M MSP Lawsuit.
I pulled the court documents on this lawsuit and it's wild.
The MSP (named redacted) had a nearly decade old BAA with no liability cap; along with many other terrible one-sided provisions that could cost them millions.
However, they do pull out the boldest claim defense I've ever seen. They're either going to dunk on the plaintiffs, or the court is going to dunk on them.
At the end of the video, I put down a list of action items if you've already signed a BAA.
One Ransomware Attack. +$5M MSP Lawsuit: Lessons Every MSP Needs to Know
Question for chat: What is your standard limitation of liability cap in your BAAs?
ex: 1/3/6 months of fees?