Catastrophic Cyber Incident

Catastrophic Cyber Incident

Pharmaceutical Giant Merck’s production of medicines and vaccines was halted following a NotPetya attack.  The insured loss is reported to be anywhere between $275m and $2bn. This is by far the largest insured cyber loss. It also demonstrates just how vulnerable businesses are to cyber attack.

If you need any advice about Cyber Insurance, contact us on 041 6858400.

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