Reliance on war exclusion clause after cyberattack fails; insurers must pay out over a billion dollars in damages The NotPetya computer virus went global in 2017. Many companies, including pharmaceutical company Merck, suffered major damage as a result. Merck was insured with several all-risk property insurers and claimed compensation for their losses.
Beroep op oorlogsuitsluiting na cyberaanval slaagt niet, verzekeraars moeten ruim miljard aan schade uitkeren In 2017 ging het NotPetya computervirus de wereld over. Vele bedrijven leden daardoor grote schade, waaronder ook het farmaceutische bedrijf Merck. Merck was bij meerdere allrisk property verzekeraars verzekerd en wilde haar schade vergoed zien.
Conference: Erik Valgaeren speaks on Algorithmic Criminal Justice at Computers, Privacy and Data Protection Conference Erik Valgaeren, TMT partner at Stibbe in Brussels, speaks about Algorithmic Criminal Justice at the 14th edition of the annual Computers, Privacy and Data Protection Conference taking place from 27-29 January 2021 in Brussels.
Stibbe assists major telecom operator Stibbe assisted a major telecom operator with a large-scale cyber attack on its company systems.
Blockchain and the law - Regulation for smart contracts on the way? The Research and Documentation Centre of the Dutch Ministry of Justice and Security (WODC) has recently published the report "Blockchain and the law".
Technology, Media and Telecommunications In this digital age, change is a given for our clients, both in terms of technology and the laws that govern them. We guide them through every complex legal challenge they face.