Author William Lambers[1], presents his opinion on this Memorial Day 2024: “On Memorial Day we can honor the sacrifices of our soldiers and continue the quest for world peace. As President Dwight Eisenhower said of Memorial Day, ‘Let us reverently honor those who have fallen in war, and rededicate ourselves through prayer to the cause of peace, to the end that the day may come when we shall never have another war, never another Unknown Soldier.’ America’s aspiration, as President Eisenhower sa
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The Superior Court of New Jersey Appellate Division recently upheld a lower court’s finding that the war exclusion in a property insurance policy did not preclude coverage for Merck’s claim stemming from a 2017 cyberattack. The decision is appropriately heralded as a huge win for policyholders and affirms New Jersey’s longstanding history of protecting policyholders’ reasonable expectations.[1]
Insurance policies typically contain some form of a war exclusion, which generally bars coverage on
If you have ever sat and read an entire insurance policy, you are fully aware of the use of specific words and definitions and how the words apply to the coverage. The definition of “war” and “cyber-war” are at issue. Property policies' war exclusions were designed to apply to any type of nation-state attack, including cyber events, insurers told a New Jersey appellate panel on 8 February in a battle over whether Merck has coverage for $1.4 billion in losses stemming from the 2017 NotPetya cyb
A spokesman from the United States said on 07 April 2022 that it had secretly removed malware from computer networks around the world in recent weeks, a step to pre-empt Russian cyberattacks and send a message to President Vladimir V. Putin of Russia. The actions, made public by Attorney General Merrick B. Garland, comes as U.S. officials warn that Russia could try to strike American critical infrastructure including financial firms, pipelines and the electric grid in response to the sanctions
Understandable fears of an unparalleled Russian cyberwar began to grow around the same time Russia began staging its military on their border with Ukraine. Some people pictured a Russian digital assault not just on Ukraine but on all the West. At least a few people thought the Kremlin might team up with ransomware gangs to punish those who defied the invasion. Others were afraid that conflict between Putin’s hackers and Ukraine might spin out of control and spur a broader cyber melee around the
