A hacked company claimed damages but was sued and had its coverage voided for falsely claiming it had MFA…
“‘The lawsuits and the rescinding of coverage, the calling out of the insured and the policyholders on little fibs that they told, or omission of details around how they’re protected in their secure practices’ appear to be an emerging trend (notes Jess Burn, a senior analyst at Forrester Research).”
Source: Cyber Insurers Clamp Down on Clients’ Self-Attestation of Security Controls