https://finance.yahoo.com/news/warren-buffett-cyber-uncharted-territory-going-get-worse-not-better-164025140.html

Berkshire Hathaway’s insurance arm offers professional liability with cyber insurance, but Buffett said he doesn’t want his company to be a pioneer in the arena, since it’s largely unpredictable." data-reactid="18">Berkshire Hathaway’s insurance arm offers professional liability with cyber insurance, but Buffett said he doesn’t want his company to be a pioneer in the arena, since it’s largely unpredictable.

“I think anybody that tells you now that they think they know in some actuarial way either what general experience is likely to be in the future, or what the worst case would be is kidding themselves. And that’s one of the reasons I say that a $400 billion event I think has a roughly 2% probability per year of happening.”" data-reactid="20">“I think anybody that tells you now that they think they know in some actuarial way either what general experience is likely to be in the future, or what the worst case would be is kidding themselves. And that’s one of the reasons I say that a $400 billion event I think has a roughly 2% probability per year of happening.”