About the ability of cyber insurers to avoid paying due to a cyberwar act claim

Following the news article from below – it is no news that insurers try to avoid paying, but their stand of not paying due to cyber war acts will not stand, in my opinion.

For a cyber act and/or malware, to be officially declared, in our digital anonymized worlds, as originated from a specific country and intended to be an act of war – I guess only other governments or unions of governments (e.g. UN, NATO) can declare that, and such declaration may have severe consequences, like… ahhmmm… starting a war… – so the insurers’ ability to avoid paying for this reason, is, I think, close to zero (although it may be a true fact in reality and they may be right in their claim, but they won’t be able to prove it)

Merck Settles NotPetya Insurance Claim, Leaving Cyberwar Definition Unresolved

Spread the love

Leave a Reply

Your email address will not be published. Required fields are marked *