Lloyd's of London warns cyber-attacks could hit world's economy as hard as natural disasters.
New report from Lloyd’s of London assseses potential impact of extreme cyber attack
World’s oldest insurance market warns cost to global economy of cyber-attack could be as much as worst natural disasters
A major, global cyber attack could trigger an average of $53 billion of economic losses, a Lloyd's of London report says.
A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd’s of London said in a report on July 17. Read more…
Cyber-attacks could soon be costlier than natural disasters, says Lloyd’s of London. A new report from the specialty insurer claims economic losses related to the cyber threat in the US could be as high as $121 billion. The cyber insurance…
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