[BreachExchange] Insurer refuses payout to DLA Piper over NotPetya cyberattack
destry at riskbasedsecurity.com
Thu Mar 28 00:39:18 EDT 2019
Multinational law firm DLA Piper was hit in the crossfire of a
Russia-back ransomware attack which wiped out systems and costs the
firm 15,000 hours of extra overtime for its IT staff.
The attack resulted in a dispute with its insurance firm Hiscox with
the law firm claiming its insurers failed to pay out for the damages
and costs associated with the attack which may amount to several
million pounds, according to The Times.
Hiscox is reportedly refusing to pay for the The NotPetya attack
because of the “act of war” exclusion clause commonly found in
insurance policies after the U.K. government officially stated that
the Russian military was “almost certainly” behind the NotPetya
Similar disputes have occurred between other firms after nation state
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