Insurers claim cyber calamities could cost more than Hurricane Sandy

But then again they would say that, wouldn't they?

Analysis A study aiming to raise the profile of cyber insurance claims that cloud outages and ransomware outbreaks on the WannaCry scale could cost companies $81.7bn - more than natural disasters like 2012's Hurricane Sandy. That's an awful lot of money, but wait - before you fish out the wallet - how did the authors arrive at these numbers?"