The chief executive of insurance giant Zurich warns that cyber attacks, rather than natural catastrophes, will become uninsurable. Mario Greco, chief executive of insurer giant Zurich, has warned that cyber attacks will become soon “uninsurable.” The attacks are becoming even more frequent and the damage they are causing continues to grow. “What will become uninsurable […]
Zurich American Insurance Company is refusing to refund its client because consider the attack as “an act of war” that is not covered by its policy. The US food giant Mondelez is suing Zurich for $100 Million after the insurance company rejected its claim to restore normal operations following the massive NotPetya ransomware attack. On […]