Multinational law firm DLA Piper was hit in the crossfire of a Russia-back ransomware attack which wiped out systems and costs the firm 15,000 hours of extra overtime for its IT staff.
The attack resulted in a dispute with its insurance firm Hiscox with the law firm claiming its insurers failed to pay out for the damages and costs associated with the attack which may amount to several million pounds, according to The Times.
Hiscox is reportedly refusing to pay for the The NotPetya attack because of the “act of war” exclusion clause commonly found in insurance policies after the U.K. government officially stated that the Russian military was “almost certainly” behind the NotPetya attack.
Please register to continue.
Already registered? Log in.
Once you register, you'll receive:
The context and insight you need to stay abreast of the most important developments in cybersecurity. CISO and practitioner perspectives; strategy and tactics; solutions and innovation; policy and regulation.
Unlimited access to nearly 20 years of SC Media industry analysis and news-you-can-use.
SC Media’s essential morning briefing for cybersecurity professionals.
One-click access to our extensive program of virtual events, with convenient calendar reminders and ability to earn CISSP credits.