The insurers Lloyd’s of London say that a “hypothetical but plausible” attack could cause “widespread disruption” and wipe out $3.5 TRILLION from the world economy
The US, China, and Japan would be most severely affected, the policymakers said, due to the “global interconnectedness of cyber.”
Governments must share “knowledge, expertise, and innovative ideas” to “build resilience” against the attack, according to chair Bruce Carnegie-Brown.
The comments come after insurance group Zurich warned in December that cyber attacks were on their way to becoming “uninsurable.”