Google’s parent company, Alphabet, has filed a lawsuit against two people based in China for using the company’s platform for scam cryptocurrency apps that amassed over 100,000 downloads.
Alphabet claims that scammers used its platforms, Google Play and YouTube, to upload and advertise fraudulent crypto apps.
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.