
The Macroeconomics of Cyber Attacks
Moody's Talks - Inside Economics
00:00
The Cost of a Siber Event
The cost associated with a siber event can be defined and measured in many different ways. A trillion dollars is a lot of money, if you compare it against the 22 trillion dollar us. If you compare that against the two trillion dollars of revenue that global utilities generate every year, it becomes very large. So as we think about siber losses, they get dispersed and a large pool. But if they get concentrated in a particular sector, or a particular region or a particular acid class, that's when i think we can finally really have that discussion about the macro economic impacts of that.
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