Security Week has written an article covering the Superior Court of New Jersey Appellate Division’s ruling in favor of Merck in the company’s $1.4 billion claim against insurers for the fallout of the NotPetya attack it suffered in 2017. Insurers argued that the property insurance offered to Merck had a war exclusion clause that was “clear and unambiguous, and it plainly applies to the NotPetya attack.”
However, the judges declined to support this interpretation. Merck’s activities as a “non-military company providing commercial services to non-military customers” were determined not to fall under the war clause. This ruling is an interesting development for policyholders during a period where many companies are questioning whether they can trust their cyber insurance policies to apply to the future attacks their networks suffer. Read more at Security Week.