At this stage, on November 11, 2022, at 3pm (CET time) Thales is able to confirm the following information:
The settlement last week in a $100 million lawsuit over whether insurance giant Zurich should cover losses Mondelez International suffered from NotPetya may very well reshape the entire cyber insurance marketplace.
Zurich initially denied claims from Mondelez after the malware, which experts estimate caused some $10 billion in damages globally, wreaked havoc on its computer networks. The insurance provider claimed an act of war exemption since it’s widely believed Russian military hackers unleashed NotPetya on a Ukrainian company before it spread around the world.
Actions to take today to mitigate cyber threats from ransomware: • Install updates for operating systems, software, and firmware as soon as they are released. • Require phishing-resistant MFA for as many services as possible. • Train users to recognize and report phishing attempts.
BlueSky Ransomware is a modern malware using advanced techniques to evade security defences. It predominantly targets Windows hosts and utilizes the Windows multithreading model for fast encryption.