Analysis

The impact on insurance after faulty update causes global IT outage

By 2024-07-24T11:00:00

blue screen of death

’This is the most widespread global IT outage we have seen in 20 years of underwriting cyber risk,’ says department head

When the world was affected mass IT outage last Friday (19 July 2024), there were early assumptions that this was the result of a cyber attack.

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