The Merck appeal: cyber insurance and the definition of war

Pharmaceutical firm Merck recently won an appeal that could mean its insurers will have to pay up on a $1.4-billion judgment related to the NotPetya cyberattack in 2017. The New Jersey appellate division judges hearing the appeal judge noted that the plain definition of war applies to the various insurance policies and that a cyberattack against an accounting firm not engaged in hostilities, while criminal and based on ill-will, was not tantamount to an act of war.

Read full article on CSO Online

 


Date:

Categorie(s):

Tag(s):