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Research found that cyber attacks cost businesses in China, Japan and India about 10% of their revenue, or nearly $5 million, on average, Asia Insurance Review reported. The research by U.K.-based insurance broker Willis Towers Watson P.L.C. among others found that cyber attacks cost one in 10 firms more than $10 million.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms