How “Far Away” Does the War Need to Be for Cyber Insurance Exclusions to Apply?  

“But there is currently no good way for talking about and dividing up the different impacts of a single piece of code in the context of insurance claims, so the question becomes misleadingly binary: Was NotPetya’s impact an act of cyberwar or not? Merck wasn’t specifically targeted by NotPetya; it was a noncombatant outside the theater of war, but that doesn’t mean a war wasn’t and isn’t going on.”

Source: Cyberattacks Are Shaking Up the Insurance Industry

Mark Sauter

Mark Sauter’s insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook “Homeland Security: a Complete Guide,” Sauter was also a consultant to one of the world’s largest software companies and served as a US Army Special Forces and infantry officer.