High-profile ransomware events, such as the Colonial Pipeline and Kaseya attacks, continue to create eye-popping headlines about how easily a cybercriminal group can cripple key infrastructure, hospitals, and schools. And with ransomware attacks growing by more than 150% in 2020, there are no signs that things will improve in 2021. For these and other reasons, organizations are increasingly opting for cyber insurance coverage and paying higher premiums year after year. According to the U.S. Government … Continue reading Ransomware and cyber insurance: What are the risks?
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