Wednesday, June 7, 2023
HomeData LossNew Jersey Court Rules in Favor of Merck in Cyberattack Coverage Case

New Jersey Court Rules in Favor of Merck in Cyberattack Coverage Case

On May 3, 2023, a New Jersey appellate court made a landmark decision in favor of Merck & Co Inc (NYSE:MRK) in a $1.4 billion cyberattack coverage case. The court ruled that a group of insurers cannot use war as an argument to deny Merck coverage from the cyberattack that happened in 2017. The…

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