Insurers May Not Cover ‘State-Sponsored’ Cyberattacks

Many of the more expensive cyberattacks and ransomware attacks, including the Solar Winds and Colonial Pipeline attacks, have been attributed to Russian hackers, likely working with or for the FSB—an agency of the Russian government. Many cyberinsurance policies contain exclusions for so-called “acts of war”—and insurers reason that cyberattacks constitute such an act of war..

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