Technology
Microsoft attack could bring a flood of cyber claims – Insurance Business Australia
Insurers are “only just beginning to understand the scope of possible damage,” expert warns
US organisations are more likely to have been using the compromised Microsoft Exchange servers, as are larger businesses, the report found. Germany, Africa, the Middle East, and Australasia were also identified as high-risk regions. Many smaller companies weren’t affected by the attacks, as they opted to use cloud-based email systems, which weren’t targeted.
The attacks, which are believed to have been carried out by Chinese state-sponsored hackers, exploited vulnerabilities in Microsoft Exchange…
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