Tag Archives: Lloyd’s of London

Cloud failure could be catastrophic

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If a major cloud provider was taken down – even for a few days – the cost to business could be astronomical. A new report from Lloyd’s of London and international risk modeller AIR Worldwide estimates that a three to six day cloud outage in the US might cost as… Read more »

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Cyber insurance increasingly important

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Confirming the World Economic Forum’s view that cyberattacks rank alongside natural disasters as the most serious threats to civilisation, Lloyd’s of London now estimates that a serious hack could cost the global economy as much as major recent hurricanes such as Harvey, Maria, Irma, and Katrina – in excess of… Read more »

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