Re:Big Companies Thought Insurance Covered a Cyberattack
by jrochkind1 on Monday April 15, 2019 @01:08PM
(#19666887)
Insurers are under no obligation to offer policies which cover cyber attacks, and can even explicitly exempt them in their policies.
However, in this case:
> Mondelez said in a statement that while its business had recovered quickly from the attack, Zurich Insurance was responsible for honoring an insurance policy that explicitly covers cyber events.
However, in this case:
> Mondelez said in a statement that while its business had recovered quickly from the attack, Zurich Insurance was responsible for honoring an insurance policy that explicitly covers cyber events.