A man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. (Reuters pic)LONDON: A coordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between US$85 billion and US$193 billion, a hypothetical scenario developed as a stress test for risk management showed.
Insurance claims after such an attack would range from business interruption and cyber extortion to incident response costs, the report jointly produced by insurance market Lloyd’s of London and Aon said on Tuesday.
Total claims paid by the insurance sector in this scenario is estimated to …read more
Source: Free Malaysia Today
