Cyber Insurers Face Large Ukraine War-Related Claims, Despite Fine Print

Hackers using laptop computers to penetrate security systems to steal big data from the server room

Insurers face potential multi-billion dollar claims for cyberattacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say. Following the Feb. 24 attack on Ukraine and Western sanctions against Moscow, the U.S. government said last week it had seen “preparatory” Russian hacking activity aimed… Continue reading Cyber Insurers Face Large Ukraine War-Related Claims, Despite Fine Print