{"id":750,"date":"2017-07-17T16:59:00","date_gmt":"2017-07-17T16:59:00","guid":{"rendered":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/2017\/07\/17\/business-trend-cost-of-global-cyberattack-at-hurricane-costs-insurance-policy\/"},"modified":"2017-07-17T16:59:00","modified_gmt":"2017-07-17T16:59:00","slug":"business-trend-cost-of-global-cyberattack-at-hurricane-costs-insurance-policy","status":"publish","type":"post","link":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/business-trend-cost-of-global-cyberattack-at-hurricane-costs-insurance-policy\/","title":{"rendered":"Business Trend. Cost of Global Cyberattack at Hurricane Costs. Insurance Policy."},"content":{"rendered":"<p>Lloyds of London estimates a global cyber attack will result in damages similar to hurricane Sandy, or $53 billion in economic losses from a global hacking of cloud services.<\/p>\n<p>How do\u00a0the $53 Billion oin costs break down?<\/p>\n<ul>\n<li>\n<p>Average economic losses \u00a0$4.6 billion to $53 billion<\/p>\n<\/li>\n<li>\n<p>Actual losses could be as high as $121 billion<\/p>\n<\/li>\n<li>\n<p>$45 billion of that sum may not be covered by cyber policies, because<\/p>\n<ul>\n<li>\n<p>companies are underinsuring<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>If operating systems are hacked, average losses range\u00a0from $9.7 billion to $28.7 billion.\u00a0<\/p>\n<\/li>\n<\/ul>\n<p>How is Texas regulating the cyberinsurance market?<\/p>\n<div><a href=\"http:\/\/www.reuters.com\/article\/us-cyber-lloyds-report-idUSKBN1A20AB\">Reuters |\u00a0Global cyber attack could spur $53 billion in losses: Lloyd&#8217;s of London<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lloyds of London estimates a global cyber attack will result in damages similar to hurricane Sandy, or $53 billion in economic losses from a global hacking of cloud services.<\/p>\n<p>How do\u00a0the $53 Billion oin costs break down?<\/p>\n<ul>\n<li>\n<p>Average economic losses \u00a0$4.6 billion to $53 billion<\/p>\n<\/li>\n<li>\n<p>Actual losses could be as high as $121 billion<\/p>\n<\/li>\n<li>\n<p>$45 billion of that sum may not be covered by cyber policies, because<\/p>\n<ul>\n<li>\n<p>companies are underinsuring<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p>If operating systems are hacked, average losses\u2026<\/p>\n<\/li>\n<\/ul>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,24,28],"tags":[],"class_list":["post-750","post","type-post","status-publish","format-standard","hentry","category-insurance","category-private-corporations","category-regulatory-trend","entry"],"_links":{"self":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/comments?post=750"}],"version-history":[{"count":0,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/posts\/750\/revisions"}],"wp:attachment":[{"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/media?parent=750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/categories?post=750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/informedintel.com\/account\/datasecurity\/wp-datasecurity\/wp-json\/wp\/v2\/tags?post=750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}