The Indiana Supreme Court became one of the first state high courts to weigh in and issue a decision on whether crime insurance provides coverage for ransomware attacks. The trial court’s ruling in favor of Continental Western Insurance Co.’s motion for summary judgment upheld the denial of G&G Oil Co.’s bid for coverage. The Supreme Court remanded the case because further fact-finding was necessary to uncover the “fraudulent” nature of the hacker’s actions. It was important to determine how the hacking was conducted. Therefore, until this information is uncovered, neither party was entitled to summary judgment.

The case arose out…

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