Major Cyber Attack Could Cost Global Economy $53 Billion: Lloyd’s July 17, 2017 By Suzanne Barlyn A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with...
Days of Cyber Insurers Avoiding Costly Claims May Be Numbered: Expert July 7, 2017 By Oliver Suess Cyber crime insurers largely avoided costly claims from the recent attacks that hit business around the globe. The next global...
Cyber Security Firms in Spotlight Following WannaCry Attack May 23, 2017 By Joseph Menn For Kris Hagerman, chief executive of UK-based cyber security firm Sophos Group Plc, the past week could have been bad....
WannaCry Attack Could Be Opportunity for Cautious Insurance Industry: A.M. Best May 23, 2017 By Andrew G. Simpson According to a rating agency A.M. Best, the the recent WannaCry ransomware attack could be a benefit to the insurance...