Mondelez and Zurich’s NotPetya cyber-attack insurance settlement leaves behind no legal precedent

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Multinational food and beverage company Mondelez International and Zurich American Insurance have settled their multiyear litigation surrounding the cyberattack coverage – or lack of such coverage – following the NotPetya malware attack that damaged the Mondelez network and infrastructure. The specifics of the settlement are unknown, but that it would come mid-trial has caught everyone’s attention.

The pain was felt on June 27, 2017, when NotPetya wiped out 24,000 laptops and 1,700 servers within the Mondelez network. The malware, designed to destroy, did just that. Mondelez estimated damages would approach $100 million USD.

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Verified users beware! Scammers are exploiting Twitter turmoil caused by Elon Musk’s takeover

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The world’s richest man’s plans for the news junkie’s favourite social network inevitably get a great deal of attention. Not everyone will be aware of the details of what Elon Musk might be planning for Twitter, but they will certainly be aware that it’s a hot topic.

And so if a Twitter user receives a message claiming to be about their verified account, they may very well believe it… and that makes them more susceptible to falling into a trap.

Read more in my article on the Tripwire State of Security blog.

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