financial loss

Cyber Attacks fetch $45 billion loss worldwide

A survey conducted by the Internet Society’s Online Trust Alliance (ISOTA) and working for the American government has discovered that last year over 2 million cyber attacks were witnessed on government networks operating on a global note fetching a $45 billion loss. ISOTA survey suggests that crypto jacking, phishing emails and hijacking of computer networks […]

US$85 billion to US$193 billion Global Cyber Attack loss

A new hypothetical report jointly compiled by Lloyd’s of London and AON says that a global cyber attack spread via phishing emails could fetch a loss ranging from $85 billion to $193 billion USD and this is said to put a strain on the insurance market in near future. Technical speaking, when a cyber attack […]

Share this page