• Home
  • Incident Response 40 for 2022
  • About
  • Webcasts
  • Contact
Cybersecurity Docket
  • Data Breach
  • Global
  • People
  • Regulatory
  • Risk Mgmt
  • Subscribe by email
  • Subscribe
Browse: Home / 2022 / March / 14 / Ukraine War Has Insurers Worried About Cyber Policies – WSJ

Ukraine War Has Insurers Worried About Cyber Policies – WSJ

By Securities Docket on March 14, 2022, 9:04 am

Like most insurance policies, these have exclusions for acts of war. The aim is to protect insurers from claims tied to cyberattacks by governments, their militaries or groups that work for them.

But a judge in New Jersey poked a hole in that exclusion last year in a ruling that essentially said a common acts-of-war exclusion doesn’t cover cyberattacks. Now, insurers are exploring ways to toughen up that language in future contracts, amid concerns that they could get hit by cyberattack claims under existing policies stemming from Russia’s invasion.

Source: Ukraine War Has Insurers Worried About Cyber Policies – WSJ

Posted in Industry, Risk Mgmt, Top | Tagged Cyber Insurance

« Previous Next »

Now Available!

johnreedstark cover 230

Join Us On LinkedIn

Join the Cybersecurity and Incident Response Group on LinkedIn

Copyright © 2023 Cybersecurity Docket.

Powered by WordPress and Hybrid.