Mondelez and Zurich’s NotPetya cyber-attack insurance settlement leaves behind no legal precedent
Multinational food and beverage company Mondelez International and Zurich American Insurance have settled their multiyear litigation surrounding the cyberattack coverage – or lack of such coverage – following the NotPetya malware attack that damaged the Mondelez network and infrastructure. The specifics of the settlement are unknown, but that it would come mid-trial has caught everyone’s attention. The pain was felt on June 27, 2017, when NotPetya wiped out 24,000 laptops and 1,700 servers within the…
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