Insured losses from a cyber catastrophe could reach billions Analysis shows insured business interruption losses from a cyber catastrophe could reach an estimated $3.25 billion June 21, 2019 https://www.helpnetsecurity.com/2019/06/21/insured-business-interruption-losses/ "Modeling a Cyber Catastrophe: Counting the cost of a major email service provider outage in the UK" (PDF - 7.14 MB): https://uploads-ssl.webflow.com/5b9110e69ff6b99ff16464bd/5d08f2ce370a894d0aef6f69_Kovrr_Modeling_a_Cyber_Catastrophe.pdf
"Lloyd’s of London tells insurers to halt covering state-backed cyberattacks... The centuries-old insurance marketplace told its underwriters to make exclusions for cyberattacks launched by governments and state actors, over concerns such attacks could expose the market to unmanageable losses..." https://www.cityam.com/lloyds-of-lo...ake-exclusions-for-state-backed-cyberattacks/