thyssenkrupp seeks insurance against cyber crime
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

ThyssenKrupp seeks insurance against cyber crime

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Arab Today, arab today ThyssenKrupp seeks insurance against cyber crime

Berlin - AFP

German industrial giant ThyssenKrupp is seeking to insure itself against possible attacks from computer worms that could sabotage production, the Financial Times Deutschland reported Thursday. Insurers are, however, reluctant to offer such policies and only France's AXA has agreed to cover up to 30 percent of ThyssenKrupp's risks, the newspaper said. Neither ThyssenKrupp nor AXA were willing to comment, FT Deutschland added. Fears of cyber attacks or industrial espionage from computer viruses or malware have been growing since the discovery of the Stuxnet worm which Israel and the United States are believed to have developed to attack and disable Iran's nuclear facilities.

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