Merck Awarded $1.4B Insurance Payout over NotPetya Attack

Unsealed court records show pharmaceutical giant Merck was awarded a $1.4 billion payout last month on its property insurance policy, for losses the company suffered because of the 2017 NotPetya cyberattacks. Merck’s cyber-insurance company, International Indemnity, was claiming the losses fell under the “War or Hostile Acts” exclusion.

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