The Extortion Economy: How Insurance Companies Are Fueling a Rise in Ransomware Attacks

  • 30 August 2019
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From the article:

“Paying the ransom was a lot cheaper for the insurer,” he said. “Cyber insurance is what’s keeping ransomware alive today. It’s a perverted relationship. They will pay anything, as long as it is cheaper than the loss of revenue they have to cover otherwise.”

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