Security News > 2019 > February > Cyberinsurance and Acts of War

Cyberinsurance and Acts of War
2019-02-13 12:32

I had not heard about this case before. Zurich Insurance has refused to pay Mondelez International's claim of $100 million in damages from NotPetya. It claims it is an act of war and therefor not covered. Mondelez is suing. Those turning to cyber insurance to manage their exposure presently face significant uncertainties about its promise. First, the scope of cyber...


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https://www.schneier.com/blog/archives/2019/02/cyberinsurance_.html