Technology and space

What would the impact be on the global economy and insurers if several ports in Asia-Pacific were closed as a result of a cyber-attack? This report explores the impact of a hypothetical computer virus which closes up to 15 ports in Asia.

In this report’s scenario, the ransomware attack is launched through an infected email, which once opened is forwarded to all contacts and within 24 hours encrypts all data on 30 million devices worldwide.

In this report, we provide a catastrophe scenario for a US-wide power system collapse that is caused by an extreme space weather event affected Earth: the Helios Solar Storm scenario.

As digital connectivity becomes ever more integral to the global economy, companies and individuals become more exposed to vulnerabilities in the cyber system.

This report is a joint publication by Lloyd’s and the Centre for Risk Studies, considering the insurance implications of a cyber attack on the US power grid.

This report shows how some technology companies have become so critical to business productivity that they are systematically important to the global economy.

This paper is part of the Cambridge Centre for Risk Studies’ Working Paper Series on threats to the global economy. The publication focuses in the Space and Technology threat class: a cyber catastrophe.

This report explores a cyber risk management modelling framework that would allow corporates to estimate their risk exposure to three cyber events: ransomware attack, data breach and cloud outage.

In this paper we show how ransomware attacks can be a threat to organisations. We analyse a novel dataset of ransomware victim companies and extract statistics about ransom demands and payments, sector, country of origin and business.