Need another reason to defend against ransomware instead of ending up having to find a solution other than paying it? Double extortion may be it. So, what is double extortion? When did it start? With this tactic, ransomware actors steal a victim’s data before their malware strain activates its encryption routine. They then have the […]
Posts Tagged ‘cyber liability insurance’
No insurance premiums saw greater growth in the second quarter of 2021 than those related to cybersecurity. According to the Council of Insurance Agents & Brokers, cyber insurance premiums grew more than a quarter (25.5%) during that period. That’s well above the 17.4% increase witnessed by umbrella insurance and an average of 8.3% growth across […]
Category Network securitySecurity
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12
May
2014
MARSH Singapore, the largest insurance broker by market share here, expects demand for cyber liability insurance to grow as companies become more concerned over reputational damage from a cyber attack.
Category Security
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