A co-ordinated global cyberattack, spread through malicious email, could cause economic damages anywhere between US$85bil (RM349bil) and US$193bil (RM793bil), a hypothetical scenario developed as a stress test for risk management showed.
Insurance claims after such an attack would range from business interruption and cyber extortion to incident response costs, the report jointly produced by insurance market Lloyd's of London and Aon said on Tuesday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!