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Caute_cautim
Community Champion

Legacy Insurance has problems.

Hi All

 

Interesting case for Merck subjected to the NoPetya attacks against the insurance company using legacy insurance policies:  Has your organisation checked their own?

 

"“The NJ Superior Court decision (in favor of Merck) reinforces that legacy insurance has a serious problem: responding to cyber events with non-cyber policies that fail to take the nuances of cyber risk into account results in unnecessary damages,” Catherine Lyle, Head of Claims at Coalition, told The Record in an email earlier this week."

 

https://therecord.media/merck-wins-cyber-insurance-lawsuit-related-to-notpetya-attack/?utm_campaign=...

 

Regards

 

Caute_Cautim

 

 

 

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