In the wake of Russia’s attack on Ukraine, there are fears that Russia will launch a broad-based cyber war. Western countries could also become the focus of Russian cyber attacks. In this context, it can be expected that cyber insurers will invoke the so-called war exclusion and refuse to pay benefits. However, the considerations made by the insurers are not convincing, as Jürgen Seiring, Managing Director of VSMA GmbH, reports.
Cyber attacks by Russian hackers against German companies should probably continue to be insured.
Read more at UnternehmenCybersicherheit.de.