Over 41% Cyber Insurance claims in 1st half of 2020 were related to Ransomware

Ransomware topped the cyber insurance claims in 1st half of 2020 and this was confirmed by a reported published by Coalition, a noted cyber insurance provider in North America. Nearly 41% of claims were related to loss incurred with the file encrypting malware, as there was a 260% increase in the frequency of ransomware attacks […]

Ransomware attacks surge Cyber Insurance claims in Europe

Ransomware attacks have surged cyber insurance claims in Europe says a report compiled by AIG, one of the largest cyber insurers on the globe. The data shows that the financial institution has received as many cyber claims last year as in the previous four years from companies operating in Europe, Middle East, and Africa. AIG […]

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