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Merck's Win in NotPetya Insurance Dispute: What it Means
May 5, 2023, 1:18 a.m. |
BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com
Pharmaceutical giant Merck's insurers must cover the company's losses involving the 2017 NotPetya malware attack because the "all-risks" property insurance policies' "hostile warlike" exclusions do not apply to the incident, ruled a New Jersey appellate court this week.
attack court exclusions incident insurance losses malware malware attack merck new jersey notpetya pharma policies risks the company under war
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