Friday, January 13, 2023

For the first time, bonds issued to finance insurance payments against cyberattacks

The Beazley company, of the Lloyd's group, issued securities for US$350 million to cover eventual customer claims in the face of cyberattacks. If those bids exceed US$300 million, the investors who bought the bond lose and must pay Beazley US$45 million. The scheme spreads risks and aims to interest investors in a context of a dramatic increase in cyberattacks.

Beazley, an insurance company of the Lloyd's group, launched the first bond to face catastrophes caused by cyberattacks. This has opened up one of the insurance and investment areas that could show rapid growth due to the need for companies and governments to protect themselves from ransomware attacks.

Read full article

MORE ANALYSIS

América Latina · Hardware · Economy25/11/2025

IDB: Brazil, Mexico and Costa Rica lead the way to leverage new rules in the global chip value chain

The report highlights that the integration of the region’s countries depends on maintaining good relations with the United States and offering a favorable environment for investors. There are opportunities in the design, packaging and testing segments, as well as in supplying raw materials.

Brasil · Data Center17/11/2025

Growing enthusiasm in Brazil’s data center market

Estimates foresee that within three years it could double its current capacity, although this will require resolving several issues such as state taxes, digital sovereignty, and the cost of electricity.

Globales · Economy05/11/2025

Fears of an AI financial bubble rise again

The collapse of Palantir’s shares and the decline in Nvidia’s stock were the latest signs warning of excessive valuations that do not align with the earnings of technology companies.

Globales · Data Center22/10/2025

For the financial sector, the solution to the AWS outage is a multi-cloud approach

It was one of the industries most affected by the outage, as it was among the sectors that most aggressively moved its operations from on-premises data centers to AWS and other cloud providers. According to analysts, the AWS service disruption caused “hundreds of billions” in losses.

Globales · Data Center21/10/2025

The collapse of AWS and the sovereign risk of uncontrolled data

Although the outage lasted just over three hours, the effects of the blackout were still being felt by the end of Monday, October 20. The cause was an error in an API update that affected the DNS. In Europe, the incident reignited the debate over the need to create its own cloud and reduce dependence on U.S. big tech companies.

List all analysis

A DIARIO LATINO 30-11-2025

Brasil · Operators 28/11/2025

Algar’s 5G user base grows 47% year over year

Brasil · Internet & OTT · Operators 28/11/2025

Small Internet providers grow through M&A and new services

Globales · Internet & OTT · Economy 28/11/2025

CMDT-25 sets roadmap to connect everyone

List all news