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Worried about a cyber-apocalypse? AIG wants to sell you a policy

A shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyber-attack.

By Sonali Basak | Updated on July 22, 2015
"People are going to think it's another 9/11 event," says Austen Berglas, a former FBI agent, about potential property and infrastructure damage caused by hackers and cyberterrorists. (Melkor3D/Shutterstock.com)

(Bloomberg) — A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyber-attack.

It wasn’t, but the July 8 incidents were alarmingly close to the Armageddon scenario that Austin Berglas, a former Federal Bureau of Investigation agent, described in an interview last month, in which the Nasdaq exchange, the New York subway system and power provider Con Edison go offline at the same time.

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