Greco said there was a limit up to which the private sector could take on all losses caused by cyberattack. — Technology vector created by freepik - www.freepik.com
LONDON: Cyberattacks could become "uninsurable" in the view of Mario Greco, the chief executive of the Zurich Insurance Group.
In remarks published by the Financial Times on Monday, Greco queried what the consequences would be if someone seized control of essential infrastructure. This concerned not just data, but could also put lives at risk, he said.
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