Reply to post: Nation-state as the perp, or the victim?

Lloyd's to exclude certain nation-state attacks from cyber insurance policies

Bitsminer Silver badge

Nation-state as the perp, or the victim?

Most commentards have reflected on the inability to reliably attribute the origins of a cyber-attack. As mentioned, the bad boys and girls can be anything from sympathizers to fully-involved gangsters.

The article also mentions losses due to cyber attacks against a nation state. Successful ones. That would be the catastrophe they don't want to cover. If Germany or Bank of England or US Treasury get completely disabled for weeks, well then, a lot of things would change, and none for the better.

The consequences to companies, whether large or small, in such circumstances, are unimaginable. And then there are the people, both employees and everybody else. No, don't believe it, no insurance scheme is adequate to such a situation. Best not let it happen.

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