Monthly Archives: May 2015

Lloyd’s CEO: Cyber attacks cost companies $400 billion every year

"Last year, the insurance industry took in $2.5 billion in premiums on policies to protect companies from losses resulting from hacks.

Lloyd’s, the British insurance company, is known for specializing in obscure risks. When civilians finally push off into space, they will likely be insured, along with the aircraft they travel in, by Lloyd’s. But one initially...
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