X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The Internal Revenue Service treats cryptocurrency as property, so there may be capital gain implications to many transactions. Cybersecurity experts report that more than $20 million in cryptocurrency could be mined via malware during 2018. (Photo: Shutterstock)

Ransomware was on everyone’s lips in 2017. Estimated damage from ransomware attacks in 2017 was $5 billion. That’s 15 times the $325,000 million in damages logged 2015, just 2 years earlier, according to Cybersecurity Ventures.

PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.