One evening in late December last year, I received a cryptic phone call from a PR director at TikTok, the popular social media app. I’d written extensively about the company for the Financial Times, so we’d spoken before. But it was puzzling to hear from her just before the holidays, especially since I wasn’t working on anything related to the company at the time.
The chief executive of one of Europe’s biggest insurance companies has warned that cyber attacks, rather than natural catastrophes, will become “uninsurable” as the disruption from hacks continues to grow.