Medical Device Co. Says Insurer Must Cover $6 Million Hacking Losses

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By Ganesh Setty (May 5, 2022, 7:29 p.m. EDT) – Medical device company DJO Global Inc. has charged an AIG unit with breach of contract in Texas federal court, after it said the insurer was “blocking” the full coverage of the more than $6 million in losses and expenses the company said it suffered from a ransomware attack in November 2020.

A medical device company says its insurer must cover more than $6 million in losses and expenses the company said it incurred as a result of a ransomware attack. (AP Photo/Tatan Syuflana)

In a lawsuit first filed in Texas state court on April 3 and returned to federal court on Tuesday, DJO said its cooperation with…

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