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Lloyd’s of London finds hypothetical cyberattack could cost world economy $3.5 trillion
Oct. 18, 2023, 2:15 p.m. |
The Record by Recorded Future therecord.media
Insurance giant Lloyd’s of London has warned that the global economy could lose $3.5 trillion as a result of a major cyberattack targeting payment systems. The hypothetical scenario — modeled by the insurance marketplace alongside the Cambridge Centre for Risk Studies — is not considered likely. The researchers suggested it had roughly a 3.3% chance
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