Changes to cyber insurance policies will require businesses to make greater efforts to control access to data and IT systems
» Lee masSolarWinds has announced it is facing US Securities and Exchange Commission (SEC) enforcement action over the software company's massive data breach in 2020. In a recent 8-K filing with the SEC, the company said it reached an agreement with shareholders, who originally sued SolarWinds over claims they were misled about the 2020 hack.
» Lee masZurich American Insurance and Mondelez International have settled their dispute over the confectionary giant’s $100m claim related to the 2017 NotPetya cyber-attack.
The lawsuit, widely considered a test case for property war exclusions concerning cyber-attacks, settled before the four-year-long case ended in the Illinois state court.
» Lee masIt has been reported that Mondelez International has settled its lawsuit against Zurich American Insurance Company, which it brought because the insurer refused to cover the snack giant’s $100-million-plus clean-up bill following the 2017 NotPetya outbreak.
» Lee masThreat actors have conducted a ransomware attack against a communications platform used by Australian military personnel and defense staff. Named ForceNet, the company is one of the defense department's external service providers employed to run one of its websites.
» Lee mas