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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. But this is easier said than done.

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The Week in Cyber Security and Data Privacy: 4 – 10 March 2024

IT Governance

According to a listing on a popular hacking forum, the database includes customers’ names, email addresses, hashed passwords, and more. The claim is yet to be verified. Data breached: 36 million records. Source (New) Professional services Netherlands Yes 28.3