“An act of war”: Zurich American refuses to pay out on cyber insurance policy following NotPetya attack
IT Governance
APRIL 3, 2019
US food giant Mondelez is suing insurance company Zurich American for denying a $100 million (£76 million) claim filed after the NotPetya attack. NotPetya is a Windows-based piece of ransomware that infected organisations across the globe in 2017. Zurich American initially agreed, offering an initial payment of $10 million.
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