Login Register Subscribe
Current Issue

Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Cyber attack on utilities could cost U.K. $631 billion

Reprints

A recent report has found that a cyber attack on the U.K.'s power grid and water system could cost the nation up to £442 billion ($631 billion) over five years, reported TechWeekEurope UK.

The report said that the immediate impact of the attack could total £85 billion. In the best-case scenario, the report estimates that 800,000 individual train journeys and 150,000 air passenger tickets would be affected each day until power systems were back up and running. The country's financial services industry could be hit by £1.3 billion in losses using a best-case scenario, said the report.

Read more