Comment on Companies Hit By Iranian Cyberattacks May Not Have Insurance Coverage by When Scams Collide: E-Mail Fraud and Insurance - Security Boulevard

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As a result, many insurance policies exclude from their coverage claims that relate to “acts of war” (although in some cases you can actually purchase war coverage insurance). The coverage excluded acts that constituted acts of war, including undeclared or civil war and “warlike action by a military force, including action in hindering or defending against an actual or expected attack, by any government, sovereign or other authority using military personnel or other agents; or insurrection, rebellion, revolution, usurped power or action taken by governmental authority in hindering or defending against any of these.” If a policy excludes both acts of war and acts of terrorism, the U.S. government’s TRIP (Terrorism Risk Insurance Program) created in the wake of the Sept.