4 Insurance Takeaways From Lloyd's Cyberattack Report
Law360, Los Angeles (July 13, 2015, 8:31 PM EDT) -- Insurance market Lloyd's of London recently co-wrote a report predicting that a major cyberattack on the East Coast could trigger $70 billion in insurance claims, highlighting potentially glaring deficiencies in traditional and cyber-specific policies. Here, Law360 examines the important takeaways for insurers and policyholders.
A Major Attack Would Affect a Wide Range of Policies
In the joint report, Lloyd's and the University of Cambridge Centre for Risk Studies laid out a hypothetical scenario where computer hackers infect electricity generator control rooms with malware, plunging 15 U.S. states into darkness and leaving 93 million people without power. According to the study, total...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!