Merck Cyberattack Raises $1.3 Billion Legal Question

The transcript discusses a major cyberattack on June 27, 2017, believed to be orchestrated by Russian military hackers. It caused extensive damage in Ukraine and affected multinational companies like Merck. The legal dispute centers on whether the attack is considered an act of war, impacting insurance coverage. The case is being litigated in New Jersey, with insurance companies denying coverage based on the act of war argument. The outcome will define cyber warfare in legal terms.

What was the primary cause of the extensive damage on June 27th, 2017?

• A political coup

• A financial crisis

• A cyberattack by Russian military hackers

• A natural disaster

Which company is involved in the legal dispute over insurance coverage?

• Google

• Apple

• Merck

• Microsoft

What is the main argument used by insurance companies to deny coverage?

• The event was a natural disaster

• The event was an act of war

• The event was a financial fraud

• The event was a technical glitch

What is being debated in the court regarding the NotPetya cyber event?

• Whether it was a political event

• Whether it was an act of war

• Whether it was a natural disaster

• Whether it was a financial crisis

How many companies have settled with Merck regarding the insurance claims?

• Six

• Eight

• Four

• Two