GAO Warns US Gov't About 'Catastrophic' Cyber Risk

By Josh Liberatore (June 22, 2022, 1:06 PM EDT) -- Cyberattacks targeting critical infrastructure may "affect entire systems and result in catastrophic financial loss" beyond what can be covered by private insurance or government backstops, the U.S. Government Accountability Office warned in a report that recommends joint federal action to study growing cyberinsurance risks....

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