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International

Cyber attack on Asian ports could cost $110 billion

October 30, 2019 Reprints

A report backed by Lloyd's of London said that a cyber attack on Asian ports could cost up to $110 billion, Reuters reported. The report was based on a simulated cyber attack that disrupts 15 ports in Japan, Malaysia, Singapore, South Korea and China and it concluded that around 92% of the cost of such an attack would be uninsured.

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Cyber attack on Asian ports could cost $110 billion

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