Ransomware Insurance Archives

Cyber Insurance Industry Is Struggling. Here’s How to Fix It, Suggests UK Security Think Tank

July 24, 2021July 25, 2021 Producer

The insurance industry has failed to keep up with the cyber risk environment, says the Royal United Services Institute for Defence and Security Studies in a June 2021 report. It…

Cyber Insurance, Cyber Insurance Policies & Strategies, Ransomware Insurance

Cyber Insurers Need to Protect Themselves First

July 20, 2021July 26, 2021 Producer

We’ve all heard a flight attendant tell passengers to don the emergency air mask first before they try to help others. The same concept holds for cyber insurance companies, some…

Cyber Insurance Carriers & Brokers, Ransomware Insurance

Cyber Insurance Pays Back Only App. 60% of Ransomware Costs & Then Rates Go Up

July 17, 2021July 26, 2021 Producer

There’s grim news in a new survey from cloud vendor Cloudian and Sapio Research: Cyber insurance only pays about 60% of costs from ransomware attacks — and paying ransoms often…

Cyber Insurance Premiums, Cyber Insurance Reports, Ransomware Insurance