Nick Economidis News

Weighing Effects of Treasury’s Ransomware Pay Warnings on Cyber Victims and Insurers

Recent warnings from the U.S. Treasury about paying ransomware demands are unlikely to substantially change how cyber insurers cover or handle such situations, according to experts. However, the advisories are likely to up the pressure on ransomware victims to make …

How to Help Insureds Manage Customer Privacy Risk

Insurance carriers and agents have come to learn that increased data can lead to greater risk for insureds, and they are increasingly advising businesses to disclose data collection practices while seeking to gain insurance coverage, according to David Garrett, president …