The appellate court ruled in favour of Merck in the wake of a $1.4 billion 2017 NotPetya malware attack. The court held that war exclusions in insurance policies did not apply, as they necessitate military action. The decision, which defied conventional interpretations and triggered a tightening of insurance policy wording, marks a turning point for future cyberattack-related claims.
Healthcare Cybersecurity Market Projected for Steady Growth
The global healthcare cybersecurity market is expected to reach $61.63 billion by 2031, growing at a compound annual growth rate (CAGR) of 15.5% from 2024,
