Cyber Attack on Asian Ports Could Cost $110 Billion, Lloyd’s Warns

By Simon Jessop LONDON, Oct 30 (Reuters) - A cyber attack on Asian ports could cost as much as $110 billion, or half the total global loss from natural catastrophes in 2018, a Lloyd's of London-backed report said on Wednesday. Cyber insurance is seen as a growth market by insurance providers such as Lloyd's, which specialises in covering commercial risks, although take-up in … [Read more...]

UK Shipping Firm Clarkson Falls Victim to Cyber Attack

Nov 29 (Reuters) - British shipping services provider Clarkson Plc on Wednesday said it was the victim of a cyber security hack and warned that the person or persons behind the attack may release some data shortly. The company's disclosure, while a relatively rare event in Britain, follows a series of high-profile hacks in corporate America. Clarkson is one of the world's … [Read more...]