Cyber attacks to one day become 'uninsurable'

Insurance executives have been stating that natural catastrophes such as global pandemics and climate change will become uninsurable, but Mario Greco instead has said that “What will become uninsurable is going to be cyber.”

During an interview with the Financial Times, Greco declared that the rising disruption caused by bad actors and cyber attacks will one day mean they will be too much to insure.

“What if someone takes control of vital parts of our infrastructure, the consequences of that?

“There must be a perception that this is not just data … this is about civilisation. These people can severely disrupt our lives.”

Read more at CyberSecurity Connect