The Next Big Target For Cyberattacks: Energy Cos.

The Next Big Target For Cyberattacks: Energy Cos.

With the necessary technology currently available to carry out cyberattacks on critical infrastructure, as shown by the Stuxnet and Shamoon viruses, cyber-risk may be the next big thing in energy property claims. Insurance companies are now beginning to underwrite new policies and claims will come — some in the tens of millions of dollars, says James Harrington of Robins Kaplan Miller & Ciresi LLP.

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