Mondelez International has settled its lawsuit against Zurich American Insurance Company, which it brought because the insurer refused to cover the snack giant’s $100-million-plus cleanup bill following the 2017 NotPetya outbreak.
The years-long legal battle over the claim has been closely watched by cyber-insurance and legal experts. It has helped fuel an ongoing debate over what constitutes an act of war — which even in cyberspace could invalidate an insurance claim – and whether insurance companies should pay damages caused by network intrusions supported or organized by nation states.