New data highlighting fluctuations relating to ransomware attack and payment claims indicates significant shifts in the cyberthreat landscape. Could such variations trigger changes in the cyber insurance market and, if so, how will they impact insurance carriers and organizations?
Shifting ransomware priorities impacting claim costs
The findings come from Corvus Insurance’s Risk Insights Index, which analyzes cyber risk mitigation and claims data, with the commercial insurance firm’s data suggesting that the costs associated with ransomware claims are notably shifting.
