The Hidden Risks That Could Derail Your Software Business Running a software company is exhilarating—you’re pushing boundaries, scaling quickly, and delivering cutting-edge solutions. But what happens when the unexpected threatens everything you’ve built? A single cyberattack, contract dispute, or intellectual…
What Happens When a Small Coding Error Sparks a Legal Firestorm? You’ve just rolled out a crucial software update for a major client. It seemed flawless—until a week later, their system crashes, resulting in massive financial losses. Their team is…
Can AI Put Your Business at Risk? You’ve built an innovative tech company, streamlining hiring with AI-driven recruitment tools. Your system efficiently scans thousands of resumes, promising data-driven, unbiased decisions. But one day, a lawsuit lands on your desk—an applicant…
Your software startup has just launched a groundbreaking AI-driven platform. Excitement is high—investors are eager, customers are signing up, and your future looks bright. Then, out of nowhere, a competitor claims you’ve infringed on their intellectual property (IP). Legal notices…
The Silent Threat to Innovation Your software company has spent years developing a groundbreaking application. The launch is a massive success, investors take notice, and growth skyrockets. Then—without warning—you receive a cease-and-desist letter. A competitor claims you’ve infringed on their…
Type of Claim: Errors & Omissions (E&O) Cause of Action: Negligence/Failure to Perform Type of Insured: Software Developer Situation: A software company manufactures and distributes software used by businesses to conduct risk modeling. A customer purchases the software and relies…
Type of Claim: Errors & Omissions (E&O) Cause of Action: Negligence/Failure to Perform Type of Insured: Software Developer Facts: A software company manufactures and distributes workforce management software that allows third parties to track employee hours, overtime, vacation time, and…
Type of Claim: Errors & Omissions (E&O) Cause of Action: Negligence/Failure to Perform Type of Insured: Software Company Facts: A software company sells and installs a computerized fare system for a transportation authority. The company is also responsible for regularly…
What is an E&O Claim and Why Should Software Developers Care? An E&O (Errors & Omissions) claim happens when a client sues a company because they believe the company’s services or products caused them financial harm. For software developers, this…
