Comment by belter
8 months ago
Can you imagine if there was no backup? Google would be in for to cover the +/- 200 billion in losses?
This is why the smart people at Berkshire Hathaway don't offer Cyber Insurance: https://youtu.be/INztpkzUaDw?t=5418
8 months ago
Can you imagine if there was no backup? Google would be in for to cover the +/- 200 billion in losses?
This is why the smart people at Berkshire Hathaway don't offer Cyber Insurance: https://youtu.be/INztpkzUaDw?t=5418
I’d be very surprised if there wasn’t legalese in the contract/ToS about liability limitations etc. Would maybe expect it to be more than infrastructure costs for a big company custom contract, but probably not unlimited/as high as that, because it seems like such a blatant legal risk…
Disclaimer: Am Googler who knows nothing real about this. This is rampant speculation on my part.