Insurers update clauses to omit state-backed cyber attacks from policies

Lloyd’s has been discussing a clause to omit ‘state-sponsored’ cyber attacks from policies since last year.

The blurring of cyber-warfare and traditional acts of war has increased in recent years, as attacks on infrastructure and businesses have become more sophisticated.

“Underwriters need to take account of the possibility that state-backed attacks may occur outside of a war involving physical force. The damage that these attacks can

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