Big cyber attack could cost $53bn in economic losses, Lloyd’s warns


A major global cyber-attack has the potential to trigger $53 billion of economic losses, roughly the equivalent to a catastrophic natural disaster like 2012’s Superstorm Sandy, according to a scenario described in new research by Lloyd’s and cyber risk analytics modelling firm Cyence.

Lloyd's, Cyber attack, Inga Beale, Losses, London, Global

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