Buffett warns of 2% chance of major cyber disaster

finance.yahoo.com

Warren Buffett on cyber risk and unknowns; only a matter of time before cyber security posture and metrics gets more board exposure  - "CEO Warren Buffett warned that there’s about a 2% risk of a $400 billion disaster occurring as a result of a cyber attack of other issue. “This is uncharted territory and it’s going to get worse, not better. You’re right in pointing that out as a very material risk that didn’t exist 10 to 15 years ago, and will get more intense as time goes on,” Buffett said, replying to a question about how he prepares for a big cyber-related disaster."

Read more...
Linkedin

Want to receive more content like this in your inbox?