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By Securities Docket on October 22, 2021, 8:04 am
Demand for cyber insurance has surged as companies respond to high-profile cyber attacks, increased regulatory scrutiny, mounting reputational risk and the need for protection against vulnerabilities among supply-chain counterparties, according to Moody’s Investors Service. “Cyber insurance has become an important component of companies’ risk management programs.” Source: Cyberattacks spurring demand for cyber insurance: Moody’s | […]
By Securities Docket on October 22, 2021, 8:01 am
But what happens in the case where you are able to identify—either by name, location, computer, IP address, MAC address or otherwise—the individual(s) responsible for the ransomware, extortionware or electronic demand for payment? Right now, a ransomware victim has few options. One: Pay the ransom. Two: Don’t pay the ransom and restore/rebuild. Or, three: Choose […]