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CNBC: Cybercrime the fastest developing risk globally

Lloyd’s Chairman Bruce Carnegie-Brown discusses the findings of Global City Risk Index, produced in collaboration with the Centre for Risk Studies at Cambridge Judge Business School. According to the report, the potential impact of geopolitical and security shocks to the economy of the world’s largest cities has risen by 16 per cent in the last year. The index compiled the impact of 22 types of threats, such as market crash, cyber-attack or earthquake, into a single annual measurement of economic loss for 279 world cities.

Watch the video [cnbc.com]