Of hacks and patches
Outside the insurance industry, few people likely noticed that Lloyd’s of London “will no longer cover the fallout of cyberattacks exchanged between nation-states.” It would be easy to overlook, except that Lloyd’s is a major global insurer; its actions will have a ripple effect. It’s already the case that ransomware attacks across the globe have prompted Lloyd’s syndicate members to charge higher premiums while pulling back coverage for rank-and-file enterprises by nearly 50%.To read this article in full, please click here
Outside the insurance industry, few people likely noticed that Lloyd’s of London “will no longer cover the fallout of cyberattacks exchanged between nation-states.” It would be easy to overlook, except that Lloyd’s is a major global insurer; its actions will have a ripple effect. It’s already the case that ransomware attacks across the globe have prompted Lloyd’s syndicate members to charge higher premiums while pulling back coverage for rank-and-file enterprises by nearly 50%.
Techatty
Connecting the world of tech differently! Read. Write. Learn. Thrive. Make an informed decision without distractions. We are building tech media and publication networks to connect YOU and everyone to reliable information, opportunities, and resources to achieve greater success.
