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Merck settles with insurers who denied $700 million NotPetya claim
Jan. 5, 2024, 5:52 p.m. |
The Record by Recorded Future therecord.media
Pharmaceutical giant Merck has reportedly reached a settlement with insurers over their refusals to cover losses stemming from the NotPetya cyberattack in 2017. The undisclosed settlement, first reported by Bloomberg Law, is the culmination of a years-long court battle that has attracted attention from the cybersecurity and insurance industries because of its implications for defining
attention bloomberg briefs claim court cyberattack cybercrime cybersecurity giant industries industry insurance law losses malware merck notpetya pharmaceutical settlement
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