Merck and Co has won its $1.4 Billion long running cyber insurance legal dispute with its insurers, following the 2017 Not Petya cyber attack.

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Merck and Co has won its $1.4 Billion long running cyber insurance legal dispute with its insurers, following the 2017 Not Petya cyber attack. Judge‚ Thomas J. Walsh‚ ruled‚ Jan. 13 that Mercks insurers cant claim the war exclusion because its language is meant to apply to armed conflict. A judgement that could have far a reaching affect on insurance policies, their language and application. Some of which insurers have been working to address since the 2017 Not Petya attack.

Another case involving‚ Mondelez International Inc.‚ will likewise test whether its insurer‚ Zurich Insurance Group Ltd. must cover the fallout from NotPetya. Ongoing in the Illinois Circuit Court for Cook County. The Merck judgement may now have a bearing on that case.

Ted Dziekanowski

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