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 could lead to $53 billion in economic losses

Reprints

A major, global cyber attack could trigger $53 billion in economic losses, Lloyd’s of London said in a report on Monday.

A loss of that size would be comparable to losses from natural disasters such as Superstorm Sandy in the United States in 2012, the report said.

The report examined potential economic losses from the hypothetical hacking of a cloud service provider and cyber attacks on computer operating systems run by businesses worldwide.

Read more