Organizations could face up to $19 billion in losses if a cloud provider is hacked

If a hacker were to gain control of a cloud provider for over three days, businesses could face losses up to a whopping $19 billion, with SMBs carrying the largest economic and insurance losses, according to a new report. In partnership with the American Institutes for Research , insurance market Lloyd’s of London is unveiling a new report detailing the financial impact of a cyberattack on a US cloud provider.

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