Cyber Insurance: Enabler of Ransomware Events? Not Quite

Ransomware is once again front and center in the news with reports of a rash of attacks on public and private entities throughout the United States. Some suggest that the proliferation of cyber insurance is fanning the flames of cyberattacks, but there is scant evidence to support that conclusion. In fact, cyber insurance merely offers insureds options in how to respond to a ransomware event. A recent ProPublica article speculates that cyber insurance’s ability to assist insured’s operations to quickly recover from a ransomware event…
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