Cyber Insurance Premiums and Demand Surge After Boom of Costly Cyberattacks | Pillsbury – Policyholder Pulse blog | #malware | #ransomware | #cybersecurity | #hacker

The frequency and severity of cyber incidents, particularly ransomware attacks targeting businesses and critical infrastructure organizations, have been on the increase and are unlikely to subside anytime soon. Higher claim counts and loss severity have led to significant and continuing increases in cyber insurance losses. Insurers have made up for…