Lloyd’s Tries to Define Acts of Cyberwar

December 9, 2021 CyberCecurity Leave a comment

Or at least standardized policy language on the subject. Cyber insurance policies have always had language excluding “hostile and warlike actions”, whatever the hell that means. What it means is full employment for lawyers. And a long time before you get paid. The Lloyd’s Market Association, the syndicate that drives Lloyd’s backed policies, has created […]

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Legal

Food Giant Mondelez Sues Its Insurance Company Over “Act of War”

January 14, 2019 CyberCecurity Leave a comment

Mondelez is the parent company of Nabisco, Oreo, Ritz and many other brands that are part of Kraft Foods. Mondelez, like many other companies, was a victim of the NotPetya attack which turned 1,700 servers and 24,000 workstations at Mondelez into very expensive bricks. Mondelez’ insurance company, Zurich American, denied the claim and hence the […]

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