Insurance Coverage for NotPetya Losses
Tagspolicy-legal
Full article100 words · extracted from schneier.com · click to collapse
Tarah Wheeler and Josephine Wolff analyze a recent court decision that the NotPetya attacks are not considered an act of war under the wording of Merck’s insurance policy, and that the insurers must pay the $1B+ claim. Wheeler and Wolff argue that the judge “did the right thing for the wrong reasons..”
Tags: cyberattack, cybersecurity, economics of security, insurance, Russia, Ukraine
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Text extracted automatically; images, tables and formatting may be missing. Original: https://www.schneier.com/blog/archives/2022/02/insurance-coverage-for-notpetya-losses.html