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Cyber attack damage could cost as much as Hurricane Katrina

January 19, 2017

Sophie Harrison

cyber attack against a major cloud computing firm could cause as much financial damage as Hurricane Sandy or Hurricane Katrina, the World Economic Forum and risk manager Marsh have warned.

Increasing numbers of businesses and individuals rely on cloud services for their IT, trusting some of the world’s biggest technology companies to offer safe, good value services over the internet.

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