Big Companies Thought Insurance Covered a Cyberattack. They May Be Wrong.

April 15, 2019

Published in The New York Times

Many insurance companies are rethinking their coverage. Since the lawsuits were filed, Shannan Fort, who specializes in cyberinsurance for Aon, one of the world’s largest insurance brokers, has been fielding calls from companies scrambling to be sure they’ll be safe if attacked, she said.

“I don’t want to scare people, but if a country or nation state attacks a very specific segment, like national infrastructure, is that cyberterrorism or is that an act of war?” Ms. Fort asked. “There is still a bit of gray area.”

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Cyber security services offered by Stroz Friedberg Inc. and its affiliates. Insurance products and services offered by Aon Risk Insurance Services West, Inc., Aon Risk Services Central, Inc., Aon Risk Services Northeast, Inc., Aon Risk Services Southwest, Inc., and Aon Risk Services, Inc. of Florida and their licensed affiliates. Aon UK Limited is authorised and regulated by the Financial Conduct Authority in respect of insurance distribution services. FP.AGRC.238.JJ The following products or services are not regulated by the Financial Conduct Authority:
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