InfoSecurity Magazine – Global Ransomware Attack Could Cost $193 Billion

A major global ransomware attack could cost organizations an estimated $193bn, with those in the US worst affected, according to a new cyber-risk report. Bashe attack: Global infection by contagious malware, was produced by the Singapore-based Cyber Risk Management (CyRiM) project, of which Lloyd’s of London and other insurers are founding members.