Ransomware Attacks Are Causing Cyber Insurance Rates to Go Through the Roof; Premiums up as Much as 25 Percent

Scott Ikeda reports:

After a brief lull, ransomware attacks have roared back as a major and persistent security problem in the past year. These attacks have become so frequent and so widespread that cyber insurance rates are spiking, with Reuters reporting some premiums increasing as much as 25% in price.

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