The number of successful cyber attacks against UK utility companies has risen to 48 in 2023, a 586% increase on the seven cases in 2022, says global specialty (re)insurance group Chaucer. So far these cyber attacks have been largely restricted to the theft of data or ransomware attacks.
There have been concerns that cyber attacks designed to damage infrastructure such as utilities could increase due to a rise in geopolitical tension.
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Source: Chaucer Group
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