When is a war really a not a war, at least as far as an insurance company is concerned?
That is the question the cybersecurity and insurance industries are likely to find out at the conclusion of a court case between Zurich International and the U.S. food company Mondelez International, one of the many firms victimized by NotPetya last year. No matter which company leaves the courthouse victorious this case may set a strong precedent for how other cyberinsurance policies are settled and act as a guide for what specific clauses and coverages are included in these contracts.
The issue at hand is Zurich is refusing to pay off on a property insurance policy, that Mondelez believes covers the company in this particular incident, but the insurer said is outside its coverage.
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