A Major Cyberattack Could Cost The Global Economy $53 Billion

Emerging cyber threats could precipitate massive economic and societal ... According to a Lloyd's of London report, a major cyberattack on a cloud services provider such as Amazon could trigger economic losses of up to $53 billion, ... cyberattacks already cost the global economy $300 billion annually, .... A major global cyber attack could cost the worldwide economy 40 billion, ... the sum could cost between 11 billion and 40 billion ($53 billion).. ... that a serious cyberattack could cost the global economy more than $120 billion ... provider with estimated losses of $53 billion, according to Lloyd's. ... to the point of rivaling major hurricanes in their total potential damages.. Paris (AFP) July 17, 2017 - A serious cyber-attack could cost the global economy as much as $53 billion, putting it on a par with Hurricane Sandy in 2012, .... Damages from cyberattacks and cyber theft may spill over from the initial ... Director of National Intelligence (DNI), cyber threats were the most important ... malware attack initiated by North Korea that is estimated to have cost the world economy ... information of roughly 56 million unique payment cards and 53 million email .... A major global cyber-attack has the potential to trigger up to $53 billion of economic losses, according to a scenario described in new research .... A serious cyberattack could cost the global economy as much as $53 billion, putting it on a par with Hurricane Sandy in 2012, according to a .... The recent (May 2017) WannaCry ransomware attack saw organisations as diverse as the ... A major cyberattack may cost the global economy $53billion. A serious cyber-attack could cost the global economy as much as $53 billion, putting it on a par with Hurricane Sandy in 2012, according to a ...

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A Major Cyberattack Could Cost The Global Economy $53 Billion ((EXCLUSIVE))