With the frequency and severity of ransomware attacks on the rise, many insurers are considering how to address them in cyber policies. (Photo: PR Image Factory/Adobe Stock) With the frequency and severity of ransomware attacks on the rise, many insurers are considering how to address them in cyber policies. (Photo: PR Image Factory/Adobe Stock)

Typically, ransomware events trigger cyber policy coverages for investigations, data restoration and extortion costs.

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