(Bloomberg) -- A cyber attack on the U.S. power grid could cost more than $1 trillion because of property damage, higher death rates and crippled infrastructure, according to Lloyd’s of London.
“The scenario predicts a rise in mortality rates as health and safety systems fail; a decline in trade as ports shut down; disruption to water supplies as electric pumps fail and chaos to transport networks,” according to a report from the insurance market and Cambridge University.
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