Ransomware Criminals Aiming at Third-Party Vendors in Hunt for ‘Big Game’ October 20, 2023 By Jim Sams Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party...
Fewer Companies Are Paying Ransoms to Hackers, Researchers Say January 19, 2023 By Margi Murphy Fewer companies that are infected with ransomware are coughing up extortion payments demanded by hackers, according to new research from...
Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount November 19, 2021 By Carolyn Cohn LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove...
Weighing Effects of Treasury’s Ransomware Pay Warnings on Cyber Victims and Insurers October 15, 2020 By Andrew G. Simpson Recent warnings from the U.S. Treasury about paying ransomware demands are unlikely to substantially change how cyber insurers cover or...
Putting Municipal Ransomware Attacks— and Cyber Insurance —in Context September 3, 2019 By Andrew G. Simpson The ransomware attacks on public entities in Texas, Florida, Maryland, Georgia and elsewhere this year have raised questions not only...