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Review how much forensic services cost in the aftermath of a ransomware attack, according to cyber insurance claims data.
Over the past five years, SMBs have faced an average ransom of $247,000 and around $350,000 in recovery costs per incident.
Claims from the attacks are expected to focus on legal, forensic and clean-up costs.
This year's uptick in ransomware attacks is problematic for insurance professionals and policyholders alike. Here's how to respond.
News from Risk Strategies, NetDiligence, NFP and more.
Business email compromise, accessing cloud-based Microsoft Office 365 accounts and phishing scams are just some of the risks on the rise.
While computer systems have firewalls and anti-malware protections, one user with valid credentials can cut right through those safeguards.
The ninth edition of the NetDiligence Cyber Claims Study is based on 2,081 claims.
News from NFP, Chubb, Willis Towers Watson and more.
News from Sompo International, McGarr Insurance, Pintec Technology Holdings Ltd. and more.
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