Mondelez International has settled a lawsuit it brought against the Zurich American Insurance Company for the insurer’s refusal to pay a $100 million claim over a cyberattack. Mondelez International’s IT systems became infected with the NotPetya malware in 2017. The company says it incurred costs in excess of 100 million due to damaged hardware and operational software systems, supply and distribution disruptions, and other losses. More information https://www.scmagazine.com/analysis/policy/snack-giant-settles-with-insurer-over-100-million-claim-tied-to-2017-notpetya-attacks
Mondelez, Zurich American Insurance Company Settle Claim Lawsuit Over NotPetya Infection
You Might Also Like
Kaspersky Report on Less Common Primary Infection Vectors
Experts say that the Biden administration’s May 2021 Executive Order on Improving the Nation’s Cybersecurity does not adequately address operational technology (OT) security.
