Merck cyberattack’s US$1.3bil question: Was it an act of war?


Given how scary the future looks, the Merck case is, in some ways, an effort by insurers to turn back the clock. The industry is working to write its policy exclusions in such a way as to avoid any confusion over whether a digital attack is covered or not. — Reuters

By the time Deb Dellapena arrived for work at Merck & Co’s 90-acre campus north of Philadelphia, there was a handwritten sign on the door: The computers are down.

It was worse than it seemed. Some employees who were already at their desks at Merck offices across the US were greeted by an even more unsettling message when they turned on their PCs. A pink font glowed with a warning: "Ooops, your important files are encrypted. ... We guarantee that you can recover all your files safely and easily. All you need to do is submit the payment ...” The cost was US$300 (RM1,251) in Bitcoin per computer.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
NotPetya , WannaCry , Merck

Next In Tech News

More! More! More! Tech workers max out their AI use.
Meta's longtime content policy chief Bickert leaving to teach at Harvard
Coming of age: Mega Cat Studios releases new 'God of War' video game
AI agents: They’re fun. They’re useful. But don’t give them the credit card.
Scientists use saliva for non-invasive, AI-based Parkinson's test
Apple hires ex-Google executive to head AI marketing amid push to improve Siri
Utility Entergy says revised Meta data-center deal to deliver higher customer savings
Sony to hike PlayStation 5 prices again as memory chip costs surge
NYSE-parent Intercontinental Exchange invests $600 million in Polymarket
SpaceX's listing stirs up social media frenzy, ticker bets

Others Also Read