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DLA Piper Set to Sue Insurer Over NotPetya Claim: Report

March 28, 2019 / Phil Muncaster

DLA Piper has become the latest big name to be denied a multimillion-dollar insurance claim following major losses caused by the NotPetya ‘ransomware’ campaign of 2017. The multi-national law firm is said to be launching a legal case against its insurer Hiscox for failing to pay out. However, a spokesperson from the insurer confirmed to Infosecurity that the case, currently in arbitration, is not related to a specific cybersecurity policy and does involve an "act of war" exclusion, as has been reported. The latter is the reason that insurance giant Zurich is said to be refusing to pay out a multimillion dollar claim from confectionary giant Mondelez. The Cadbury owner is said to be suing the insurer for over $100m to cover permanent damage to 1700 of its servers and 24,000 laptops as well as unfulfilled orders and other operational disruption. Russia was directly blamed for the June 2017 attacks, which started in Ukraine but quickly spread around the world via the...