Cybercriminals Seek Ransomware Payments and Settlements
By Jim Richberg As ransomware attacks have become more prevalent, there has been an increase in cybersecurity insurance (aka cyber insurance) that covers the losses an organization may suffer from a cyberattack. Cyber insurance typically covers losses incurred from data destruction, hacking, data extortion, and data theft. Cyber insurance also often covers ransomware extortion demands, which can seem like a good way to avert disaster. But because […]