We wrote last month about the continuing impact of NotPetya, long after its initial impact, due to insurance companies refusing to pay for damages.
Today we learned of a new development, after Mondelez filed a lawsuit against Zurich Insurance for $100 million because it rejected their claim.
The result of this lawsuit will affect not just Mondelez and Zurich Insurance, but all the companies NotPetya hit and their insurers.
According to Wired's article on NotPetya's devastating impact, NotPetya cost Maersk, a major shipping company, $300 million and shut down the majority of their shipping operation. It cost Merck, a pharmaceutical company, $870 million.
The total cost was initially estimated at $10 billion. The questions now are who will pay and how high the total will go.
Today we learned of a new development, after Mondelez filed a lawsuit against Zurich Insurance for $100 million because it rejected their claim.
The result of this lawsuit will affect not just Mondelez and Zurich Insurance, but all the companies NotPetya hit and their insurers.
According to Wired's article on NotPetya's devastating impact, NotPetya cost Maersk, a major shipping company, $300 million and shut down the majority of their shipping operation. It cost Merck, a pharmaceutical company, $870 million.
The total cost was initially estimated at $10 billion. The questions now are who will pay and how high the total will go.
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