The dire threats posed by cyberattacks are becoming clearer with every passing year.
Last month, Lloyd’s of London estimated that a hypothetical major cyberattack on the world’s financial payment systems could cost about $3.5 trillion globally, with the U.S. suffering about one-third of that loss. The U.S. has already seen “hundreds” of breaches that have handicapped hospital operations this year, according to the American Hospitals Association. Other companies, like the genetic testing business 23andMe, have also been victims of data theft.
