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Global cyber attack could cause nearly USD 200 bln of damage - study

Tuesday 29 January 2019 | 15:25 CET | News
A global ransomware cyber-attack launched through an infected email has the potential to cause between USD 85 billion and USD 193 billion of economic damage, according to a stress test conducted by the Cyber Risk Management (CyRiM) project. In the report's scenario, the attack is launched through a malicious email, which once opened is forwarded to all contacts and within 24 hours encrypts all data on 30 million devices worldwide. Companies of all sizes would be forced to pay a ransom to decrypt their data or to replace their infected devices, said the report prepared by Lloyd's of London,

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Categories: Internet / IT
Countries: World
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