2 Insurance Coverage Issues Raised By Cyber Warfare
Law360 (August 19, 2019, 2:52 PM EDT) -- In June 2019, Kremlin spokesperson Dmitry Peskov appeared to warn of an unfortunate reality that cybersecurity experts understand has already been a significant danger for years: “[A U.S.] cyber-war against Russia might be a hypothetical possibility.”
This augural admonition came on the heels of a New York Times story reporting that the United States had escalated its efforts to make online intrusions on Russia’s power grid as a demonstration of its cyber capabilities. Other U.S. cyber skirmishes with rogue countries like Iran and North Korea have been well documented. Losses arising out of “war” are excluded from coverage on most insurance...
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