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Continuity Management and Technology Services – News Reblog

» War Exclusions and Cyber Attacks

But does a cyber attack really bring war to the victim? The answer has taken on greater importance recently. In 2018 Zurich American Insurance Company denied coverage under a property insurance policy issued to Mondelez International, Inc. for loss the company sustained as a result of the NotPetyamalware attack on June 27, 2017. Zurich based its denial on the following exclusion in the policy:

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